The accounting records of

FeatureFeature

Athletics, Inc., reveal the following:

LOADING...

(Click

the icon to view the data.)

Requirements

1.	Compute cash flows from operating activities by the indirect method.
2.	Evaluate the operating cash flow of FeatureFeature Athletics, Inc. Give the reason for your evaluation.

Question content area bottom

Part 1

Requirement 1. Compute cash flows from operating activities by the indirect method. (Use parentheses or a minus sign for numbers to be subtracted.)

	Cash flows from operating activities:
	Net income
	Adjustments to reconcile net income to net cash
	provided by (used for) operating activities:
	Net cash provided by (used for) operating activities

Part 2

Requirement 2. Evaluate the operating cash flow of

FeatureFeature

Athletics, Inc. Give the reason for your evaluation.

Operating cash flow is

weak

strong

,

as shown by the

net income provided by

net cash provided by

adjustments provided by

net cash used for

operating activities.

Operating cash flow is, as shown by the, as shown by theoperating activities.

Calculator

Time Remaining: 01:19:36

pop-up content starts

Data table

Net income. . . . . . . . . . . . . . . . . . . . . . . . . . .	$35,000
Depreciation expense. . . . . . . . . . . . . . . . . . . .	8,000
Sales revenue. . . . . . . . . . . . . . . . . . . . . . . . .	9,000
Decrease in current liabilities. . . . . . . . . . . . . . .	30,000
Loss on sale of land. . . . . . . . . . . . . . . . . . . . .	1,000
Increase in current assets other than Cash. . . .	10,000
Acquisition of land. . . . . . . . . . . . . . . . . . . . . .	36,000