The 2024 financial statements of Green Company include the following statement of cash flows:

Required 

a. Did Green Company increase or decrease its current assets, other than cash, during 2024? Is this change consistent with an increase in sales, or a decrease in sales, during the period? Explain. 

b. From an investor’s point of view, has Green Company become more risky or less risky in 2024? Explain.
c. Does Green Company appear to be expanding or contracting its operations? How can you tell? What other financial statement information might you examine to determine whether the company is expanding or contracting its operations? 

d. Does Green Company appear to be able to maintain its productive capacity without additional financing? Explain.

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Operating: Net income Adjustments to convert to cash: Depreciation expense Gain on sale of operating assets Change in current assets other than cash Change in current liabilities Cash provided by operations GREEN COMPANY Statement of Cash Flows For the year ended December 31, 2024 Investing: Purchase of property, plant, and equipment Proceeds from the sale of property, plant, and equipment Cash used for investing Financing: Issuance of shares Retirement of bonds Dividends paid Cash used for financing Decrease in cash $ 644,000 230,000 (14,000) (120,000) 80,000 $ (1,200,000) 400,000 1,000,000 (1,300,000) (250,000) $ 820,000 (800,000) (550,000) $ (530,000)