Question: Net income Depreciation expense Accounts receivable increase (decrease) Twix $ 4,000 30,000 40,000 Dots $ 100,000 Inventory increase (decrease) Accounts payable increase (decrease) Accrued
Net income Depreciation expense Accounts receivable increase (decrease) Twix $ 4,000 30,000 40,000 Dots $ 100,000 Inventory increase (decrease) Accounts payable increase (decrease) Accrued liabilities increase (decrease) (20,000) 24,000 (44,000) Skor $ 72,000 8,000 24,000 20,000 (4,000) (10,000) 10,000 (22,000) 14,000 12,000 (8,000) For each separate company, compute cash flows from operations using the indirect method. Note: Amounts to be deducted should be indicated by a minus sign. Cash Flows from Operating Activities (Indirect) Twix Dots Skor Net income Adjustments to reconcile net income to net cash provided by operating activities: Income statement items not affecting cash Changes in current operating assets and liabilities 0 $ 0 $ 0
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