Pizza International, Incorporated, reported the following information (in thousands): Net Income Depreciation Operating Activities Increase in...

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Pizza International, Incorporated, reported the following information (in thousands): Net Income Depreciation Operating Activities Increase in receivables Decrease in inventory $ 107 33,340 177 657 Increase in prepaid expenses 671 Decrease in accounts payable 8,727 Increase in accrued liabilities 726 Decrease in income taxes payable 2,735 Payments on notes payable 12,698 29,080 Cash paid for equipment Required: 1. Based on this information, compute cash flow from operating activities using the indirect method. 2. What was the primary reason that Pizza International was able to report large positive cash flow from operations despite nearly having a net loss? Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Based on this information, compute cash flow from operating activities using the indirect method. (Enter your answers in thousands. Amounts to be deducted should be indicated with a minus sign.) PIZZA INTERNATIONAL, INCORPORATED Cash Flow from Operating Activities-Indirect Method Pizza International, Incorporated, reported the following information (in thousands): Net Income Depreciation Operating Activities Increase in receivables Decrease in inventory $ 107 33,340 177 657 Increase in prepaid expenses 671 Decrease in accounts payable 8,727 Increase in accrued liabilities 726 Decrease in income taxes payable 2,735 Payments on notes payable 12,698 29,080 Cash paid for equipment Required: 1. Based on this information, compute cash flow from operating activities using the indirect method. 2. What was the primary reason that Pizza International was able to report large positive cash flow from operations despite nearly having a net loss? Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Based on this information, compute cash flow from operating activities using the indirect method. (Enter your answers in thousands. Amounts to be deducted should be indicated with a minus sign.) PIZZA INTERNATIONAL, INCORPORATED Cash Flow from Operating Activities-Indirect Method