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A recent annual report for BubbliCo contained the following information for the period (dollars in millions): $ 5,153 1,551 556 346 86 735 191 754
A recent annual report for BubbliCo contained the following information for the period (dollars in millions): $ 5,153 1,551 556 346 86 735 191 754 2,550 4,728 Net income Depreciation and amortization Increase in accounts receivable 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 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 (Partial) Cash flows from operating activities: Adjustments to reconcile net income to cash flow from operating activities 2. Compute the quality of income ratio (Round your answer to 2 decimal places.) Quality of income ratio
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