1. Develop a Statement of Cash Flows for Just 4 Kids for the year ending December 31, 20x7.
2. Analyze the performance of Just 4 Kids based on the financial statements.
3. If you were Bill, how would you explain the issues, which could be brought up from the analysis completed in parts 1 & 2?
4. If you were Nick, would you approve the loan for Bill? Why or why not?
When calculating the net flow FOR QUESTION 1. I think I may have made an error in regards to the cash flow statement. There was no change to Land (investing activities) so it should be left off or the number should be '0'. This would leave the net cash flow for investing $25,000. But, I am not sure if my Net Decrease In Cash During the Year would be $182,300. Can someone help me understand?