Instructions Amount Descriptions. Statement of Cash Flows-Operating Activities Instructions Selected data derived from the income statement.and balance sheet of National Beverage Co for a recent year...


Selected data derived from the income and balance sheet of National Beverage Co. for a recent year are as follows:


required:


A. Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method for National Beverage Co.


B. Interpret your results in part (a).


Instructions<br>Amount Descriptions.<br>Statement of Cash Flows-Operating Activities<br>Instructions<br>Selected data derived from the income statement.and balance sheet of National Beverage Co for a recent year are as follows<br>Income statement data (in thousands<br>Net income<br>$49,311.00<br>Gain on disposal of property<br>1188.00<br>Depreciation expense<br>11,580.00<br>Other items involving noncash expense<br>1.383.00<br>Balance sheet data (in thousands);<br>Increase in accounts receivable<br>1,746.00<br>Decrease in inventory<br>00060<br>605.00<br>Increase in prepaid expenses<br>Decrease in accounts payable and other current liabilities<br>1,705.00<br>Check My Work 3 more Check My Work uses remaining.<br>

Extracted text: Instructions Amount Descriptions. Statement of Cash Flows-Operating Activities Instructions Selected data derived from the income statement.and balance sheet of National Beverage Co for a recent year are as follows Income statement data (in thousands Net income $49,311.00 Gain on disposal of property 1188.00 Depreciation expense 11,580.00 Other items involving noncash expense 1.383.00 Balance sheet data (in thousands); Increase in accounts receivable 1,746.00 Decrease in inventory 00060 605.00 Increase in prepaid expenses Decrease in accounts payable and other current liabilities 1,705.00 Check My Work 3 more Check My Work uses remaining.

Jun 10, 2022
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