Balance Sheet 2023 2024 2023 2024 Assets Liabilities and equity Cash 58$ 31$ Current liabilities 56$ 106$ Other current assets 222 259 Long-term debt 102 112 Net fixed assets 236 198 Stockholder's equity 358 270 Total assets 516$ 488$ Total liabilities and equity 516$ 488$ Income Statement 2023 2024 Revenue 557$ 573$ Expenses 371 375 Depreciation 75 81 Net income 111$ 117$ Dividends 40$ 35$ Given this simplified set of financial statements, calculate the following: --Cash Flow from Operations --Cash Flow from Investing Activities --Cash Flow from Financing Activities --Calculated Change in Cash (Sum of prior three totals) --Actual Balance Sheet Change in Cash from 2023 to 2024

Answer rating: 100% (QA)

To calculate the cash flows and the change in cash we need to analyze the changes in the balance sheet accounts and the information provided in the in... View the full answer