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Requiemom i repare un EvET SALVINIONE DI CON HOW TOTny spolumny acumice by me m or enter a zero.) Complete the statement one section at
Requiemom i repare un EvET SALVINIONE DI CON HOW TOTny spolumny acumice by me m or enter a zero.) Complete the statement one section at a time, beginning with the cash flows from operating activities. Digital Subscriptions, Inc. Statement of Cash Flows Year Ended December 31, 2024 Cash Flows from Operating Activities: Net Income Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities: Depreciation Expense-Plant Assets Increase in Accounts Receivable Decrease in Merchandise Inventory Increase in Accounts Payable Decrease in Accrued Liabilities Net Cash Provided by (Used for) Operating Activities Cash Flows from Investing Activities: 14,000 (1,000) 12,200 4,200 (1,300) Cash Payment for Acquisition of Plant Assets -12860 Net Cash Provided by (Used for) Investing Activities Data table Digital Subscriptions, Inc. Digital Subscriptions, Inc. Comparative Balance Sheet December 31, 2024 and 2023 2024 2023 Income Statement Assets Year Ended December 31, 2024 Current Assets: Net Sales Revenue Cost of Goods Sold Gross Profit $ 441,000 Cash 210,200 Accounts Receivable 230,800 Merchandise Inventory 26,000 $ 15,800 26,700 25,700 79,000 91,200 104,400 Operating Expenses: Long-term Assets: Salaries Expense 69,400 Land 34,500 9,000 Depreciation Expense-Plant Assets 14,000 Plant Assets 122,170 109,310 10,300 Other Operating Expenses Accumulated Depreciation-Plant Assets (18,270) (15,610) Total Operating Expenses 93,700 $ 270,100 $ 235,400 Total Assets Operating Income 137,100 Liabilities Other Income and (Expenses): Current Liabilities: Interest Revenue 8,000 Accounts Payable 28,100 132,500 Interest Expense (21,200) Accrued Liabilities 35,100 $ 30,900 28,900 30,200 Total Other Income and (Expenses) (13,200) Long-term Liabilities: Net Income Before Income Taxes 123,900 Notes Payable 19,500 Income Tax Expense Total Liabilities $ 104,400 Net Income 77,000 100,000 141,000 161,100 Stockholders' Equity Common Stock, no par 88,100 64,700 -12860 Print Done Total Cash Payments Net Cash Provided by (Used for) Operating Activities Cash Flows from Investing Activities Net Cash Provided by (Used for) Investing Activities Cash Flows from Financing Activities: The 2024 income statement and comparative balance sheet of One Stop, Inc. follow (Click the icon to view the income statement.) (Click the icon to view the comparative balance sheet) Cash Flows from Financing Activities (Click the icon to view the additional information.) Read the requirements Net Cash Provided by (Used for) Financing Activities Net Increase (Decrease) in Cash Cash Balance, December 31, 2023 Cash Balance, December 31, 2024 Non-cash Investing and Financing Activities The 2024 income statement and comparative balance sheet of One Stop, Inc. follow. (Click the icon to view the income statement.) (Click the icon to view the comparative balance sheet.) Cash Balance, December 31, 2023 Cash Balance, December 31, 2024 Non-cash Investing and Financing Activities: (Click the icon to view the additional information.) Read the requirements. Total Non-cash Investing and Financing Activities Requirement 2. How will what you learned in this problem help you evaluate an investment? D OA. Learn how operating activities, investing activities, and financing activities generate cash receipts and cash payments OB. Learn how to predict future cash flows, evaluate management decisions, and predict the ability of the company to pay its debts and dividends OC. Both A and B OD. None of the above
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