Carter KI

Week $8$ Assignment $-$ Chapters $14$ & $15$

Question $3,$ EF$14-26($similar to$)$

HW Score: $8\mathrm{.}08\%,0\mathrm{.}73$ of $9$ points

Points: $0$ of $1$

Masterson Exercise Equipment, Inc. reported the following statement of cash flows for $2024$: $($Click the icon to view the statement of cash flows.$)$

Masterson plans to purchase a truck for $$28,000$ and a forklift for $$119,000$ next year. In addition, it plans to pay cash dividends of $$3,000.$

Assuming Masterson plans similar activity for $2025,$ what w cash flow? $($Abbreviations used: Cash pmts for planned inve planned investments in long$-$term assets; NCFA $=$ Net cash NCOA $=$ Net cash provided by operating activities. Use pare show negative free cash flow.$)$

Select the labels and enter the amounts to calculate Masterson's free cash flow for $2025.1.$

$$

$=$ Free cash flow $=$

Reference

Masterson Exercise Equipment, 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

Increase in Accounts Receivable

Decrease in Merchandise Inventory

Increase in Accounts Payable

Decrease in Salaries Payable

Net Cash Provided by $($Used for$)$ Operating Activities

Cash Flows from Investing Activities:

Cash Payment for Acquisition of Plant Assets

$9$

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Cash Payment for Investments

$(94,000)$

$$,107,000$

$$