Question 13During 2022, Omega Corporation's inventory is expected to decrease by $5. Its accountspayable is expected to decrease by $9. Omega Corporation has forecasted net income of $1and depreciation expense of $6 for 2022.Based on the above, what is Omega Corporation's total forecasted net cash flow?Question 14What is the most likely reason a start-up want additional external financing greater thanwhat's needed to cover its net cash (out)flow amount?O To provide additional cash to cover unexpected expensesO To reduce the potential for an IPOTo fund management bonusesO To minimize dilution for its existing shareholders

Net cash flow refers to the sum over the time period of the aggregate cash received or inflow of…

Answered: During 2022, Omega Corporation's…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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During 2022, Omega Corporation's inventory is expected to decrease by $5. Its accounts payable is expected to decrease by $9. Omega Corporation has forecasted net income of $1 and depreciation expense of $6 for 2022. Based on the above, what is Omega Corporation's total forecasted net cash flow?