Financial Reporting Final Assessment


Analyze the statements you have created and use them to answer the following questions- Your reasoning should
reference the numbers and accounts- Use no less than 30 and no more than 200 words for each of the questions-

1- Is Wells Mobile Apps paying too much out in dividends? Why or why not? Explain your reasoning-

2- For Scenic Industries, there was an increase in Cash from the first year to the next-, What was the single biggest event that
caused this? Explain your reasoning-