#9

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): Net income Depreciation and amortizatiorn Increase in accounts recelvable Increase in inventory Increase in prepaid expense Increase in accounts payable Decrease in taxes payable Increase in other current liabilities Cash dividends paid Treasury stock purchased $ 5143 1,551 553 357 74 732 197 751 2,556 4,735 Required information Required 1. Compute cash flows from operating activities for BubbliCo using the indirect method. (Enter your answer in decimals, not in percentages, rounded to 2 decimal places. List cash outflows as negative amounts.) BUBBLICo Statement of Cash Flows (Pa Cash flows from operating activities: BUBBLICo Statement of Cash Flows (Partial) Cash flows from operating activities Adjustments to reconcile net income to cash flow from operating activities: Check my work 2. Compute the quality of income ratio. (Round your answer to 2 decimal places.) Quality of income ratio