THIS IS EXACTLY WHAT THE PROBLEM LOOKS LIKE.(THIS IS AN EXAMPLE)
THIS IS THE ACTUAL PROBLEM. PLEASE PLEASE PLEASE HELP ME SOLVE IT. THIS IS THE PROBLEM
Grand Tree, Inc. Statement of Cash Flows Year Ended December 31, 2024 Net Cash Provided by (Used for) Operating Activities 118,6 Cash Flows from Investing Activities: Cash Payment for Acquisition of Plant Assets (21,800) Net Cash Provided by (Used for) Investing Activities (21,800) Cash Flows from Financing Activities: Cash Payment of Dividends Cash Payment of Notes Payable Cash Receipt from Issuance of Common Stock 23,900 Net Cash Provided by (Used for) Financing Activities Net Increase (Decrease) in Cash Requirement 2. How will what you learned in this problem help you evaluate an investment? A. Learn how to predict future cash flows, evaluate management decisions, and predict the ability of the to pay its debts and dividends B. Learn how operating activities, investing activities, and financing activities generate cash receipts and payments c. Both A and B D. None of the above Iver sares Revenue \begin{tabular}{lr} Cost of Goods Sold & 206,200 \\ \cline { 2 - 3 } & \\ Gross Profit \end{tabular} Operating Expenses: 20242023 Assets Current Assets: \begin{tabular}{lrrr} Cash & $ & 26,300$ & 15,000 \\ \hline Accounts Receivable & 26,600 & 25,100 \\ \hline Merchandise Inventory & 79,200 & 91,900 \\ \hline Long-term Assets: & & \\ \hline Land & 34,400 & 11,000 \\ \hline Plant Assets & 125,980 & 115,520 \\ Accumulated Depreciation-Plant Assets & (21,080) & (17,820) \\ \hline Total Assets & $271,400 & 240,700 \\ \hline \end{tabular} Liabilities Current Liabilities: Accounts Payable $34,900$30,900 Copps mill, 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: Data table Interest Revenue Interest Expense (21,500) Total Other Income and (Expenses) Net Income Before Income Taxes Income Tax Expense Net Income (13,500)122,90019,000$103,900 Cobbs Hill, Inc. Comparative Balance Sheet December 31, 2024 and 2023 20242023 Assets Current Assets: Cash Accounts Receivablet Merchandise Inventory Long-term Assets: Land Plant Assets Accumulated Depreciation-Plant Assets Total Assets \begin{tabular}{lll} & (22,320) & (17,820) \\ $ & 269,200 & $230,100 \\ \hline \hline \end{tabular} Liabilities Current L lahilities: Plant Assets Accumulated Depreciation-Plant Assets Total Assets Liabilities Current Liabilities: Accounts Payable Accrued Liabilities Long-term Liabilities: Notes Payable Total Liabilities Stockholders' Equity Common Stock, no par Retaind Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity \begin{tabular}{rrr} & 88,700 & 64,200 \\ & 38,800 & 3,400 \\ \hline & 127,500 & 67,600 \\ \hline$269,200 & $230,100 \\ \hline \end{tabular} Additionally, Cobbs Hill purchased land of $27,800 by financing it 100% with long-term notes payable during 2024. During the year, there were no sales of land, no retirements of stock, and no trasury stock transactions. A plant asset was disposed of for $0. The cost and accumulated depreciation of the disposed asset was $10,200. The plant acquisition was for cash