As consultants in advisory services at an accounting firm, we are hired by management of Gadberry to advise on cash flow reporting. Manegement is concerned about the relatively small net incresse in cash, and how the compony is doing compared to competitors Neasly and Tootsey. The following Tebleau Doshboard will assist in our analysis. 1. Management of Gadberry wants an explanation as to why financing activities created such a large cash outflow. Which of the following is a reasonable explanation for an outflow? 2. Management of Gadberry wants to know how it might be able to generate positive cash inflows from investing activities next year Which of the following actions would help achieve this goal? 3. Management of Gadberry Is wondering how net cash provided by operating activities reported on the statement of cash flows is different than reported net income. Which of the following would explain the amount of difference for Gadberry? 4. Which of the following would explain the amount of net cash used in Investing activities reported on Gadberry's statement of cash flows? 5. Which of the following would explain the amount of net cash used in financing activities reported on Gadberry's statement of cash flows? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Management of Gadberry wants an explanation as to why financing activities created such a large cash outflow. Which of the following is a reasonable explanation for an outflow? (Select all that apply.) 1. Management of Gadberry wants an explanation as to why financing activities created such a large cash outflow. Which of the following is a reasonable explanation for an outflow? 2. Management of Gadberry wants to know how it might be able to generate positive cash inflows from investing activities next yea Which of the following actions would help achieve this goal? 3. Management of Gadberry Is wondering how net cash provided by operating activities reported on the statement of cash flows is different than reported net income. Which of the following would explain the amount of difference for Gadberry? 4. Which of the following would explain the amount of net cash used in Investing activities reported on Gadberry's statement of cas flows? 5. Which of the following would explain the amount of net cash used in financing activities reported on Gadberry's statement of cas flows? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Management of Gadberry wants to know how it might be able to generate positive cash inflows from investing activities next year. Which of the following actions would help achieve this goal? (Select all that apply.) 1. Management of Gadberry wants an explanation as to why financing activities created such a large cash outflow. Which of the following is a reasonable explanation for an outflow? 2. Management of Gadberry wants to know how it might be able to generate positive cash inflows from Investing activities next year. Which of the following actions would help achieve this goal? 3. Management of Gadberry Is wondering how net cash provided by operating activities reported on the statement of cash flows is different than reported net income. Which of the following would explain the amount of difference for Gadberry? 4. Which of the following would explain the amount of net cash used in Investing activities reported on Gadberry's statement of cash flows? 5. Which of the following would explain the amount of net cash used in financing activities reported on Gadberry's statement of cash flows? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. 3. Management of Gadberry is wondering how net cash provided by operating activities reported on the statement of cash flows is different than reported net income. Which of the following would explain the amount of difference for Gadberry? 4. Which of the following would explain the amount of net cash used in investing activities reported on Gadberry's statement of cash flows? 5. Which of the following would explain the amount of net cash used in financing activities reported on Gadberry's statement of cash flows? Decrease in interest payable of $7,000; increase in prepaid expenses of $2,000. Depreciation expense of $3,000; gain on sale of plant assets of $2,000; decrease in accounts payable of $6,000. Depreciation expense of $3,000; Increase in inventory of $1,500; decrease in interest payable of $7,000. Gain on retirement of notes of $4,000; increase in accounts receivable of $6.000 : increase in income taxes pavable of $3.000. As consultants in advisory services at an accounting firm, we are hired by management of Gadberry to advise on cash flow reporting. Manegement is concerned about the relatively small net incresse in cash, and how the compony is doing compared to competitors Neasly and Tootsey. The following Tebleau Doshboard will assist in our analysis. 1. Management of Gadberry wants an explanation as to why financing activities created such a large cash outflow. Which of the following is a reasonable explanation for an outflow? 2. Management of Gadberry wants to know how it might be able to generate positive cash inflows from investing activities next year Which of the following actions would help achieve this goal? 3. Management of Gadberry Is wondering how net cash provided by operating activities reported on the statement of cash flows is different than reported net income. Which of the following would explain the amount of difference for Gadberry? 4. Which of the following would explain the amount of net cash used in Investing activities reported on Gadberry's statement of cash flows? 5. Which of the following would explain the amount of net cash used in financing activities reported on Gadberry's statement of cash flows? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Management of Gadberry wants an explanation as to why financing activities created such a large cash outflow. Which of the following is a reasonable explanation for an outflow? (Select all that apply.) 1. Management of Gadberry wants an explanation as to why financing activities created such a large cash outflow. Which of the following is a reasonable explanation for an outflow? 2. Management of Gadberry wants to know how it might be able to generate positive cash inflows from investing activities next yea Which of the following actions would help achieve this goal? 3. Management of Gadberry Is wondering how net cash provided by operating activities reported on the statement of cash flows is different than reported net income. Which of the following would explain the amount of difference for Gadberry? 4. Which of the following would explain the amount of net cash used in Investing activities reported on Gadberry's statement of cas flows? 5. Which of the following would explain the amount of net cash used in financing activities reported on Gadberry's statement of cas flows? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Management of Gadberry wants to know how it might be able to generate positive cash inflows from investing activities next year. Which of the following actions would help achieve this goal? (Select all that apply.) 1. Management of Gadberry wants an explanation as to why financing activities created such a large cash outflow. Which of the following is a reasonable explanation for an outflow? 2. Management of Gadberry wants to know how it might be able to generate positive cash inflows from Investing activities next year. Which of the following actions would help achieve this goal? 3. Management of Gadberry Is wondering how net cash provided by operating activities reported on the statement of cash flows is different than reported net income. Which of the following would explain the amount of difference for Gadberry? 4. Which of the following would explain the amount of net cash used in Investing activities reported on Gadberry's statement of cash flows? 5. Which of the following would explain the amount of net cash used in financing activities reported on Gadberry's statement of cash flows? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. 3. Management of Gadberry is wondering how net cash provided by operating activities reported on the statement of cash flows is different than reported net income. Which of the following would explain the amount of difference for Gadberry? 4. Which of the following would explain the amount of net cash used in investing activities reported on Gadberry's statement of cash flows? 5. Which of the following would explain the amount of net cash used in financing activities reported on Gadberry's statement of cash flows? Decrease in interest payable of $7,000; increase in prepaid expenses of $2,000. Depreciation expense of $3,000; gain on sale of plant assets of $2,000; decrease in accounts payable of $6,000. Depreciation expense of $3,000; Increase in inventory of $1,500; decrease in interest payable of $7,000. Gain on retirement of notes of $4,000; increase in accounts receivable of $6.000 : increase in income taxes pavable of $3.000