Question: Selected data derived from the income statement and balance sheet of National Beverage Co. for a recent year are as follows: Income statement data (in

Selected data derived from the income statement and balance sheet of National Beverage Co. for a recent year are as follows:

Income statement data (in thousands):

Net earnings (loss) 43,993

Losses on inventory write-down and fixed assets 7

Depreciation expense10174

Stock-based compensation expense (noncash) 290

Balance sheet data (in thousands):

Increase in accounts receivable5679

Increase in inventory7509

Decrease in prepaid expenses2239

Decrease in accounts payable and other current liabilities 1341

a. Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method for National Beverage Co.

b. Net cash flow from operating activities, $150 Interpret your results in part (a).

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