Question: Cash flows from (used for) operating activities-indirect method Selected data (in thousands) derived from the income statement and balance sheet of Cardinas Corp. for a

 Cash flows from (used for) operating activities-indirect method Selected data (in
thousands) derived from the income statement and balance sheet of Cardinas Corp.

Cash flows from (used for) operating activities-indirect method Selected data (in thousands) derived from the income statement and balance sheet of Cardinas Corp. for a recent year are as follows: Income statement data: a. Prepare the "Cash flows from (used for) operating activities" section of the statement of cash flows, using the indirect method for Cardinas Corp. Use the minus sign to indicate cash outfows, cash payments, decreases in cash, or any negative adjustments. Enter the amounts in thousands of dolfars, as shown above. a. Prepare the "Cash flows from (used for) operating activities" section of the statement of cash flows, using the ind rect method for Cardinas Corp. Use the minus sign to indicate cash outfows, cash payments, decreases in cash, or any negative adjustments. Enter the amounts in thousands of dollars, as shown above. b. The company has: earnings and net cash flows from operating activities. The increase in accounts receivable ind cates a(n) in sales. In addition, the company is using its cash to decrease its accounts payable balance, which indicates that the company is Overall, National Beverage is doing financially

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