M N O P R 2021 Condensed Statements of Cash Flows For the Years Ended December 31 (in thousands) 2022 2021 $ 411 945 824 247 2,427 2,816 5,471 $10,714 $11.695 10,192 1,503 December 31 (in thousands) Assets 2022 Current assets Cash $ 524 Accounts receivable 1,026 Inventory 924 Prepaid expenses and other current assets 243 Total current assets 2,717 Property assets (net) 2,990 Intangibles and other assets 5,690 Total assets $11,397 Liabilities and Stockholders' Equity Current liabilities $ 4,044 Long-term liabilities 4,827 Stockholders' equity.common 2,526 Total liabilities and stockholders' equity $11,397 $10,841 9,431 1.410 (472) (129) (453) (601) (445) Cash flows from operating activities Cash receipts from operating activities Cash payments for operating activities Net cash provided by operating activities Cash flows from investing activities Purchases of property, plant, and equipment Other investing activities Net cash used in investing activities Cash flows from financing activities Issuance of common stock Issuance of debt Reductions of debt Payment of dividends Repurchase of common stock and other items Net cash provided (used) by financing activities Increase (decrease) in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year $ 4,020 4,625 2,069 $10,714 163 2,179 (2011) (475) (645) (789) 113 411 $ 524 335E5E3DE 218 721 (650) (450) (612) (773) 192 219 411 S Debt to assets ratio Total liabilities Total assets Chicago Cereal Company Condensed Income Statements For the Years Ended December 31 (in thousands) 2022 2021 Net sales $11,776 $10,907 Cost of goods sold 6,597 6,082 Gross profit 5,179 4,825 Selling and administrative expenses 3,311 3,059 Income from operations 1,868 1,766 Interest expense 321 294 Income before income taxes 1,547 1,472 Income tax expense 444 468 Net income $ 1,103 $ 1,004 Times interest earned Net income + Interest expense + Income tax expense Interest expense Free cash Flow Net cash provided by operating activities Capital expenditures Cash dividends Question 1 Question 2 Question 3 Question 4