Bloom's Garden Center Company

question 44

Multiple Choice

Bloom's Garden Center Company
Selected data from the financial statements of Bloom's Garden Center are provided below.

- Refer to the selected data provided for Bloom's Garden Center Company. Which of the following would result from a horizontal analysis of Bloom's cash and cash equivalents?

• A) Cash and cash equivalents increased by $13,000 or 20.97% during 2012.
• B) Cash and cash equivalents increased by $13,000 or 30.79% during 2012.
• C) Cash and cash equivalents are 11.03% of total assets in 2012.
• D) The free cash flow is $653,800 in 2012.

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