Quizlwt laptops inc. is a small laptop computer company in gainesville. when they were developing their annual marketing plan, they utilized swot analysis to analyze their company in order to make improvements. they found that they had a very committed and knowledgeable staff who knew all about laptops and a had great passion for them. however, because of their small size, laptops, inc. had a lack of infrastructure which caused them to be inefficient. they also determined that several competitors (e. g., dell, gateway) were hundreds of times larger than laptops, inc. another analysis showed demand for laptops was expected to grow at more than 20% a year for several years. according to s. w.o. t. analysis, their passionate and committed staff would be considered a( while the existence of large competitors would be considered a(n) :

Exercise 12-7 shown below are comparative balance sheets for flint corporation. flint corporation comparative balance sheets december 31 assets 2017 2016 cash $ 201,348 $ 65,142 accounts receivable 260,568 225,036 inventory 494,487 559,629 land 236,880 296,100 equipment 769,860 592,200 accumulated depreciation—equipment (195,426 ) (94,752 ) total $1,767,717 $1,643,355 liabilities and stockholders’ equity accounts payable $ 115,479 $ 127,323 bonds payable 444,150 592,200 common stock ($1 par) 639,576 515,214 retained earnings 568,512 408,618 total $1,767,717 $1,643,355 additional information: 1. net income for 2017 was $275,373. 2. depreciation expense was $100,674. 3. cash dividends of $115,479 were declared and paid. 4. bonds payable amounting to $148,050 were redeemed for cash $148,050. 5. common stock was issued for $124,362 cash. 6. no equipment was sold during 2017. 7. land was sold for its book value. prepare a statement of cash flows for 2017 using the indirect method.