Selected data (in thousands) derived from the income statement and balance sheet of National Beverage Corp for a recent year are as follows Income statement data Net income $49,311 Gain on disposal of property 1,188 Depreciation expense 11,580 Other items involving noncash expenses 1,383 Balance sheet data Increase in accounts receivable 1,746 Decrease in inventory 990 Increase in prepaid expenses 605 Decrease in accounts payable 710 Decrease in accrued and other current liabilities 995 a Prepare the Cash flows from operating activities section of the statement of cash flows, using the indirect method for National Beverage Corp Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments Enter the amounts in thousands of dollars, as shown above National Beverage Co Cash Flows from Operating Activities (in thousands) Cash flows from (used for) operating activities $fill in the blank 071680fedf9a035 2 Adjustments to reconcile net income to net cash flow from operating activities fill in the blank 071680fedf9a035 4 fill in the blank 071680fedf9a035 6 fill in the blank 071680fedf9a035 8 Changes in current operating assets and liabilities fill in the blank 071680fedf9a035 10 fill in the blank 071680fedf9a035 12 fill in the blank 071680fedf9a035 14 fill in the blank 071680fedf9a035 16 fill in the blank 071680fedf9a035 18 Net cash flow from operating activities $fill in the blank 071680fedf9a035 19 b The company has (pos neg) earnings and (pos neg) net cash flow from operating activities The increase in accounts receivable indicates a(n) (increase decrease) in sales In addition, the company is (falling behind generating) using its cash to decrease its accounts payable balance, which indicates that the company is Overall, National Beverage is doing (poor well) financially

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

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

Income statement data:
Net income	$49,311
Gain on disposal of property	1,188
Depreciation expense	11,580
Other items involving noncash expenses	1,383
Balance sheet data:
Increase in accounts receivable	1,746
Decrease in inventory	990
Increase in prepaid expenses	605
Decrease in accounts payable	710
Decrease in accrued and other current liabilities	995

a. Prepare the Cash flows from operating activities section of the statement of cash flows, using the indirect method for National Beverage Corp. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments. Enter the amounts in thousands of dollars, as shown above.

National Beverage Co.
Cash Flows from Operating Activities
(in thousands)
Cash flows from (used for) operating activities:
	$fill in the blank 071680fedf9a035_2
Adjustments to reconcile net income to net cash flow from operating activities:
	fill in the blank 071680fedf9a035_4
	fill in the blank 071680fedf9a035_6
	fill in the blank 071680fedf9a035_8
Changes in current operating assets and liabilities:
	fill in the blank 071680fedf9a035_10
	fill in the blank 071680fedf9a035_12
	fill in the blank 071680fedf9a035_14
	fill in the blank 071680fedf9a035_16
	fill in the blank 071680fedf9a035_18
Net cash flow from operating activities		$fill in the blank 071680fedf9a035_19

b. The company has _(pos/neg)____ earnings and __(pos/neg)_____ net cash flow from operating activities. The increase in accounts receivable indicates a(n)___(increase/decrease)__ in sales. In addition, the company is__(falling behind/generating)____ using its cash to decrease its accounts payable balance, which indicates that the company is . Overall, National Beverage is doing___(poor/well)__ financially.

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