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please answer all requirements with clear notes so i am able to understand please answer all requirements with clear notes so i am able to
please answer all requirements with clear notes so i am able to understand
please answer all requirements with clear notes so i am able to understand
Ryle Exercise Equipment, Inc. reported the following statement of cash flows for 2024: 2 (Click the icon to view the statement of cash flows.) Ryle plans to purchase truck for $26,000 and forklift for $121,000 next year. In addition, it plans to pay cash dividends of $2,000. Assuming Ryle plans similar activity for 2025, what would be the amount of free cash flow? (Abbreviations used: Cash pmts for planned invest. = Cash payments for planned investments in long-term assets; NCFA = Net cash provided by financing activities; NCOA = Net cash provided by operating activities. Use parentheses or a minus sign to show negative free cash flow.) Reference Select the labels and enter the amounts to calculate Ryle's free cash flow for 2025. -X = Free cash flow = Ryle Exercise Equipment, Inc. Statement of Cash Flows Year Ended December 31, 2024 Cash Flows from Operating Activities: Net Income $ 121,000 Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities: Depreciation Expense $ 48,000 Increase in Accounts Receivable (6,000) Decrease in Merchandise Inventory 7,000 Increase in Accounts Payable 1,000 (5,000) Decrease in Salaries Payable 45,000 Net Cash Provided by (Used for) Operating Activities 166,000 Cash Flows from Investing Activities: Cash Payment for Acquisition of PlantAssets (88,000) (16,000) Cash Payment for Investments Net Cash Provided by (Used for) Investing Activities (104,000) Cash Flows from Financing Activities: Cash Payment of Dividends (54,000) Cash Payment of Notes Payable (12,000) 10,000 Cash Receipt from Issuance of Common Stock Net Cash Provided by (Used for) Financing Activities (56,000) Net Increase (Decrease) in Cash 6,000 Cash Balance, December 31, 2023 14,000 $ 20,000 Cash Balance, December 31, 2024 vint I DonoStep by Step Solution
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