Question: Required information E12-15 (Algo) Analyzing Cash Flows from Operating Activities; Interpreting the Quality of Income Ratio LO12-2, 12-3 [The following information applies to the questions



Required information E12-15 (Algo) Analyzing Cash Flows from Operating Activities; Interpreting the Quality of Income Ratio LO12-2, 12-3 [The following information applies to the questions displayed below.) 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 Treasury stock purchased 5,156 1,552 567 354 87 727 181 748 2,553 4,730 E12-15 Part 1 Required: 1. Compute cash flows from operating activities for Bubblico using the indirect method. (List cash outflows as negative amounts. Enter your answers in millions.) BUBBLICO Statement of Cash Flows (Partial) Cash flows from operating activities: Adjustments to reconcile net income to cash flow from operating activities: $ 0 Required information E12-15 (Algo) Analyzing Cash Flows from Operating Activities; Interpreting the Quality of Income Ratio LO12-2, 12-3 [The following information applies to the questions displayed below.) 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 Treasury stock purchased $ 5,156 1,552 567 354 87 727 181 748 2,553 4,730 E12-15 Part 2 2. Compute the quality of income ratio. (Round your answer to 2 decimal places.) Quality of income ratio
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