The comparative balance sheet of Carlson Educational Supply at Docember 31, 2024, reported the following Click the icon to view the comparative balance sheet) Carlson's transactions during 2024 included the following m Click the icon to view the transactions) Read the requirements Requirement 1. Prepare the statement of cash flows of Carlson Educational Supply for the year ended December 31, 2024 Use the indirect method to report cash flows from operating activities (Use a minus sign or parentheses for amounts that result in a decrease in cash box is not used in the statement, leave the box empty do not select a label or enter a zero) Complete the statoment one section at a time, beginning with the cash flows from operating activities Carlson Educational Supply 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 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 TIL Net Cash Provided by Used for) Financing Activities Not Increase (Decrease) in Cash Cash Balanco December 31, 2023 Cass Balance, December 31:2024 Requirement 2. Evaluate Carlson's cash flows for the year Martion all the categories of cash flows, and give the reason for your evaluation Complete the following statements to evaluate Carison's cash flows The comparative balance sheet of Carlson Educational Supply at December 31, 2024, reported the following Click the icon to view the comparative balance sheet) Carlson's transactions during 2024 included the following Click the icon to view the transactions Read the requirements GTD Net Cash Provided by (Used for) Operating Activities Cash Flows from Investing Activities Not Cash Provided by (Used for) Investing Activities Cash Flows from Financing Activities Net Cash Provided by (Used for) Financing Activities Net Inces (Decrease) in Cash Cash Balance, December 31, 2023 Cash Balance, December 31, 2024 Requirement 2. Evaluate Carlson's cash flows for the year Mentional three categories of cash flow, and give the reason for your evaluation Complete the following statements to evaluate Carlson's cash flows Operations are y cash The company is There is more financing by Cash during the year plant assets than by For the reasons given above, Carlson's cash flow look Requirement 3. Carlson plans similar activity for 2025 what is its expeded free cash flow (Use a misioner parentheses for amounts that result in a declare in cash Abbreviations uned Cash pints for planned Invest Cash payments for planned investments in long terse: NCOANet Cash povided by operating activities, NCFA-Net cash provided by financing activities Select the labels and enter the amounts to calculate Carlson's expected tree cash flow toc 2026 Free how - X Requirements 1. Prepare the statement of cash flows of Carlson Educational Supply for the year ended December 31, 2024 Use the indirect method to report cash flows from operating activities 2. Evaluate Carlson's cash flows for the year. Mention all three categories of cash flows, and give the reason for your evaluation 3. If Carlson plans similar activity for 2025, what is its expected free cash flow? Provided by (Used fol ws from Investing Acti Print Done Data table sh Provided by (Used for) lows from Financing Activit 2024 2023 Current Assets Cash Accounts Receivable Merchandise Inventory Current Liabilities Accounts Payable Accrued Liabilities $ 103,500 $ 14,400 62,800 22.500 21.700 60,000 ish Provided by (Used for) Crease (Decrease) in Cash Balance, December 31, 202 30,100 26.100 10.200 10.900 Balance, December 31, 2024 - X Data table $ 5 17,600 22 200 54 800 Payment of cash dividends Purchase of equipment with cash Issuance of long-term noles payable to borrow cash Issuance of common stock for cash Depreciation expense Purchase of building with cash Not income 101.000 54.000 66,600 113,000 ed sd It in a h provi nani Dann
