#14 I will like your answer thank you very much

Aggressive Corporation approaches Matt Taylor, a loan officer for Oklahoma State Bank, seeking to increase the company's borrowings with the bank from $100,000 to $200,000. Matt has an uneasy feeling as he examines the loan application from Aggressive Corporation, which just completed its first year of operations. The application included the following financial statements. Matt notices that the company has no ending accounts receivable and no ending inventory, which seems suspicious. Matt is also wondering why a company with $150,000 in cash is seeking an additional $100,000 in borrowing. Seeing Matt's hesitation, Larry Bling, the CEO of Aggressive Corporation, closes the conference room door. He shares with Matt the following additional information: - The ending accounts recelvable balance is actually $60,000, but because those accounts are expected to be collected very soon, assumed a balance of $0 and counted those recelvables as cash collected. - The ending inventory balance is actually $40,000, but I believe that inventory can easily be sold for $75,000 in the near future. So, I included sales revenue of $75,000 (and cost of goods of $40,000 ) in the income statement and cash collected of $75,000 (and no inventory) in the balance sheet. Plus, Larry tells Matt that he'll be looking for a new CFO in another year to run Aggressive Corporation, along with his other businesses, and Matt is just the kind of guy he is looking for. Larry mentions that as CFO, Matt would receive a significant salary. Matt is flattered and says he will look over the loan application and get back to Larry concerning the additional $100,000 loan by the end of the week. Required: 1. Calculate operating cash flows using the financial statements provided by Larry. 2. Calculate operating cash flows without the two assumptions made by Larry. 3. Could Larry's assumptions affect Matt's decision for the bank to lend an additional $100,000 to Larry? 4. Should Matt use Larry's assumptions in analyzing the loan for Aggressive Corporation? Complete this question by entering your answers in the tabs below. Calculate operating cash nows using the financial statements provided by Lamy. (Ust cash outhows and any decrease in cash as negative amounts.) Complete this question by entering your answers in the tabs below. Calculate operating cash flows without the two assumptions made by Larry. (Ust cash outflows and any decrease in cash as negative amounts.) Complete this question by entering your answers in the tabs below. Could Larry's assumptions affect Matt's decision for the bank to lend an additional $100,000 to Larry? Complete this question by entering your answers in the tabs below. Should Matt use Larry's assumptions in analyzing the loan for Aggressive Corporation