68) Describe the format of the statement of changes in shareholders' equity. 69) Describe the format of the statement of cash flows. 70) What are the four financial statements? What...

68) Describe the format of the statement of changes in shareholders' equity.

69) Describe the format of the statement of cash flows.

70) What are the four financial statements? What information does each provide?

71) Wok 'N' Roll, Inc., has assets of $500,000 and liabilities of $350,000. Calculate the amount of shareholder's equity.

72) Up Against the Wall, Inc., has liabilities of $350,000 and $300,000 worth of shareholders' equity. Calculate the value of its assets.