(Learning Objective 3: Computing cash fl ows from operating activities—indirect method) The accounting records of Central Distributors, Inc., reveal the following:

■ writing assignment

❙ Requirement 1. Compute cash fl ows from operating activities by the indirect method. Use the format of the operating activities section of Exhibit 11-6. Also evaluate the operating cash fl ow of Central Distributors. Give the reason for your evaluation.