Using the data in Case Exhibits 1 and 2 what is your assessment of Twitter's financial position? Based on your analysis. what financial performance can reasonably be expected in the near-term future for Twitter? Support your answer: Select 'yes" for those statements below that are accurate and choose "no" for those that are not a. In 2018 , at 85 percent of tevenue, Twitter was able to post a 15 percent operating profit b. Operating income had shown a steady improvement over the past five years and, in 2017, Twitter had a small positive operating income for the first time. C. R\&D expenses were the biggest expense for Twitter yeat afteryeat. d. Twitter will encounter problems paying its current liabilites. ab there has not been sutficient cash for day-to-day operations (Click to select) y Part ofp e. Twitter had 61 percent of its total assets in cash and short-term investments in 2018 , up from 55 percent in 2017. (Cick to select) it 11. I. In fiscal 2018, the company posted a $1.2 billion net income, however, it must be noted that the income was in large purt due fo benefits resulting from the Tax Act of 2018 0. Cost of revenue and expenses will certainly increase as revenue-increases. The increase shouid be at a very high rate if present tiends continue (Clitk to selech) 7 th. Twitter can be expected to have an increave in revenive as well as positive and increasing net income in the near-term futhre. (Cobk to seleci)v