Based on the information below, determine the Cash flows from Operating Activities for the fiscal year ended 12/31/21 for the Twitter Inn. What is your answer? The list of net changes in comparison to 2020 is shown below: Cash decreased by $5,000 Marketable Securities (long-term) increased by $15,000 Accounts Receivable decreased by $12,000 Inventory increased by $6,000 Prepaid expenses decreased by $2,000 Accounts Payable decreased by $3,000 Accrued Payroll increased by $4,000 Income Taxes Payable increased by $6,000 Dividends Payable decreased by $25,000 Additional Information Net Income was $130,000 Depreciation was $105,000 Amortization expense was $15,000 There was a $25,000 gain on the sale of Long-term Marketable Securities There was a $60,000 gain on the the sale of Long-Term investments There was a $30,000 loss on the sale of Equipment

Group of answer choices

a) $80,000.

b) $108,000.

c) $185,000.

d) $200,000.

e) $210,000.

Both the Snapchat Inn and the Twitter Inn have 150 rooms. You ask your friend Danielle to indicate which property she would prefer to own. The locations are similar and both properties target the same clientele. Based on the calculations for the cash flows from operating activities which property should Danielle prefer and why?

Group of answer choices

a) Danielle should prefer the Snapchat Inn because it has a lower depreciation expense.

b) Danielle should prefer the Twitter Inn because it has a higher net income.

c) Danielle should prefer the Snapchat Inn because it generates more cash from operating activities.

d) Danielle should prefer the Twitter Inn because it generates more cash from operating activities.

Based on the following information: what is the Debt Equity ratio and which property will be preferred by creditors? The Instagram Inn Information Total Assets $6,980,000 = Total Liabilities$1,500,000 + Total Owners Equity $5,480,000

The LinkedIn Inn Information Total Assets $6,980,000 = Total Liabilities$1,660,000 + Total Owners Equity $5,320,000

Group of answer choices

a) Both properties have good debt equity ratios. The equity is greater than the debt. The creditors will prefer The LinkedIn Inn, which has a more desirable debt equity ratio of .31 to 1.

b) Both properties have more debt than equity. The creditors generally will not be happy but they will prefer The Instagram Inn, which has a debt equity ratio of 1.27 to 1.

c) The creditors will prefer the property that has the lower debt to equity ratio, which is The LinkedIn Inn. The debt equity ratio is .31 to 1.

d) The creditors will prefer The Instagram Inn, which has the lower debt equity ratio of .27 to 1.