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Cash Flow from Operating Activities-indirect Method Selected data (in thousands) derived from the income statement and balance sheet of National Beverage Corp. for a recent

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Cash Flow from Operating Activities-indirect Method Selected data (in thousands) derived from the income statement and balance sheet of National Beverage Corp. for a recent year are as follows: 349,340 1,145 Income statement data Net income Gain on disposal of property Depreciation expense Other items involving noncash expenses Balance sheet data 11,545 1,380 Increase in accounts receivable 1,715 1,030 620 Decrease in inventory Increase in prepaid expenses Decrease in accounts payable Decrease in accrued and other current abilities 745 1,025 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 outfiows, 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: . a. Prepare the "Cash flows from operating activities section of the statement of cash nows, 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: Adjustments to reconcile net income to net cash flow from operating activities: Changes in current operating assets and abilities: bi bil i Net cash flow from operating activities b. The company has on) earnings and net cash flow from operating activities. The increase in accounts receivable indicates in sales. In addition, the company is using its cash to decrease its accounts payable balance, which indicates that the company is Overall, National Beverage is doing financially

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