Question: Required information E 1 2 - 1 5 ( Algo ) Analyzing Cash Flows from Operating Activities; Interpreting the Quality of Income Ratio LO 1
Required information
EAlgo Analyzing Cash Flows from Operating Activities; Interpreting the Quality of Income Ratio LO
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A recent annual report for BubbliCo contained the following information for the period dollars in millions:
Net income $
Depreciation and amortization
Increase in accounts receivable
Increase in inventory
Increase in prepaid expense
Increase in accounts payable
Decrease in taxes payable
Increase in other current liabilities
Cash dividends paid
Share repurchases
E Part
Required:
Compute cash flows from operating activities for BubbliCo using the indirect method.
Note: List cash outflows as negative amounts. Enter your answers in millions.
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