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! 5 Part 1 of 2 Required information [The following information applies to the questions displayed below.] A recent annual report for BubbliCo contained
! 5 Part 1 of 2 Required information [The following information applies to the questions displayed below.] A recent annual report for BubbliCo contained the following information for the period (dollars in millions): 20 points Net income Depreciation and amortization Increase in accounts receivable Increase in inventory $ 5,157 1,562 555 360 Increase in prepaid expense 81 Increase in accounts payable 724 Decrease in taxes payable 185 Increase in other current liabilities 747 eBook Cash dividends paid 2,551 Treasury stock purchased 4,728 Print References Required: 1. Compute cash flows from operating activities for BubbliCo using the indirect method. (List cash outflows as negative amounts. Enter your answers in millions.) BUBBLICO Statement of Cash Flows (Partial) Cash flows from operating activities: Adjustments to reconcile net income to cash flow from operating activities: 0
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