USE THE DATA IN THE TABLE BELOW TO ANSWER QUESTIONS $2-8$

The balance sheet accounts listed below are the only items on the company's balance sheet for each year and the

income statement accounts are the only items on the company's income statement for each year.

$2.$ The $2023$ accounts receivable was $$\_\_\_\_\_\_.$

a$.$

$510$

b$.$

$490$

c$.$

$450$

d$.$

$550$

e$.$

$370$

$3.$

The operating profit margin in $2023$ was $\_\_\_\_\_\_\%.$

a$.$

$8\mathrm{.}99$

b$.$

$9\mathrm{.}25$

c$.$

$15\mathrm{.}61$

d$.$

$12\mathrm{.}00$

e$.$

$11\mathrm{.}26$

$4.$

The cost of goods sold on a common size income statement in $2023$ was $\_\_\_\_\_\_\%.$

a$.$

$71\mathrm{.}23$

b$.$

$70\mathrm{.}76$

c$.$

$74\mathrm{.}50$

d$.$

$77\mathrm{.}98$

e$.$

$75\mathrm{.}14$

$5.$

If dividends paid in $2022$ were $$30,$ the $2021$ Retained Earnings balance was $$\_\_\_\_\_\_.$

a$.$

$590$

b$.$

$550$

c$.$

$790$

d$.$

$630$

e$.$

$650$

$6.$

The firm$$s return on equity $($ROE$)$ for $2023$ is $\_\_\_\_\_\_\%.$

a$.$

$9\mathrm{.}39$

b$.$

$15\mathrm{.}36$

c$.$

$8\mathrm{.}74$

d$.$

$18\mathrm{.}45$

e$.$

$7\mathrm{.}25$

$7.$

The cash flow from operating activities in $2023$ was $$\_\_\_\_\_\_.$

a$.$

$430$

b$.$

$350$

c$.$

$405$

d$.$

$330$

e$.$

$630$

$8.$

The company spent $$\_\_\_\_\_\_$ on new Fixed Assets in $2023.$

a$.$

$170$

b$.$

$190$

c$.$

$210$

d$.$

$150$

e$.$

$250$