Bloom's Garden Center Company

question 59

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 vertical analysis of Bloom's cash and cash equivalents?

• A) Cash and cash equivalents increased by $13,000 or 20.97% during 2012.
• B) The free cash flow is $653,800 in 2012.
• C) Cash and cash equivalents are 11.03% of total assets in 2012.
• D) Cash and cash equivalents are 20% of total assets in 2012.

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Definitions:

Vertebral Column

The spine or backbone; a column of vertebrae in the back that protects the spinal cord and supports the body.

Lumbar

Refers to the lower part of the spine between the thoracic region and the sacrum.

Sacrum

A triangular bone at the base of the spine, formed by the fusion of several vertebrae, and situated between the two hip bones.

Thoracic Region

The part of the body that is located between the neck and the abdomen, housing the heart and lungs among other vital organs.