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 income $147,413 Loss on disposal of property (110) Depreciation expense 13,748 Other items involving noncash expense 797 Balance sheet data (in thousands): Increase in accounts receivable 12,531 Increase in inventory 7,103 Increase in prepaid expenses 9,953 Increase in accounts payable and other current liabilities 16,577 This information h
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