All questions are mandatory

Case Link

Question $(1)$

Directions: Click the Case Link above and use the information provided in Hearth and Home, Part B and C to answer this question:

In $2013,$ did the company internally generate enough cash to cover all of its requirements?

No$.$ The company was able to support all operations and capital expenditures but unable to support dividends.

Yes. Net eash after operations was positive, indicating that the company was able to support all of its needs during the year.

No$.$ While the company was able to fund operating requirements, it needed to borrow to support fixed asset expenditures.

No$.$ The company was able to support operations but needed to borrow to support dividends and capital expenditures.

Bookmark for review