Accounting

A. Karev Pet Supply, Inc., had no noncash investing and financing transactions during 2018. During the year, A. Karev Pet Supply, Inc., sold no land or equipment, issued no notes payable, retired no stock, and had no treasury stock transactions. Read the requirements. Requirement 1. Prepare the 2018 statement of cash flows, formatting operating activities using the indirect method. Complete the statement one section at a time, beginning with the cash flows from operating activities. (Use parentheses or a minus sign for numbers to be subtracted.) \begin{tabular}{|c|c|} \hline Increase in inventory \\ Decrease in accounts payable \\ Increase in accrued liabilities \\ Cash flows from investing activities: \\ Cash frovided by (used for) operating activities \\ Nease in accrued liabilities \\ Net cash provided by (used for) investing activities \end{tabular} Requirement 2. How will what you learned in this problem help you evaluate an investment in A. Karev Pet Supply, Inc.? A. Understand how A. Karev's operating activities, investing activities, and financing activities generate cash receipts and cash payments B. Help predict A. Karev's future cash flow C. Help predict A. Karev's ability to pay debt and dividends D. All of the above Comparative Balance Sheet Income Statement Comparative Balance Sheet Income Statement