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

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

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

  2. Interpret your results in part (a).

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