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eBook Cash Flows from Operating Activities-Indirect Method Selected data (in thousands) derived from the income statement and balance sheet of National Beverage Corp. for
eBook Cash Flows 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: Income statement data: Net income Gain on disposal of property $49,280 1,220 Depreciation expense 11,575 Other items involving noncash expenses 1,425 Balance sheet data: Increase in accounts receivable 1,715 Decrease in inventory 955 Increase in prepaid expenses 600 Decrease in accounts payable 750 Decrease in accrued and other current liabilities 950 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 m 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: $
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