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Examine CooperHall Company's statement of cash flows that follows. (Click the icon to view the consolidated statement of cash flows.) Suppose CooperHall's operating activities provided,
Examine CooperHall Company's statement of cash flows that follows. (Click the icon to view the consolidated statement of cash flows.) Suppose CooperHall's operating activities provided, rather than used, cash. Identify three things if using the indirect method that could cause operating cash flows to be positive. - X Three things that could cause positive operating cash flows: Data Table S 875 A large gain on the sale of assets 222 A large loss on the sale of assets Decreases in current assets other than cash Cash flows from operating activities: Net income Adjustment to reconcile net income to net cash used in operating activities: Depreciation and amortization Change in assets and liabilities, net of acquired businesses: Increase in Accounts receivable Increase in Other current assets Decrease in Accounts payable Decrease in Accrued expenses and other liabilities Increase in Unearned revenue Decrease in Income taxes payable Increase in Other, net Net cash used in operating activities Cash flows from Investing activities: Purchase of property and equipment Purchase of investments Sale of investments Acquisitions of other companies (470) (160) (167) (238) 25 Decreases in current liabilities Foreign exchange on future income tax (266) Increases in current assets other than cash 26 Increases in current liabilities $ (153) Stock-based compensation S (1,593) (21,282) 19,286 (363) Choose from any drop-down list and then continue to the next question. Examine CooperHall Company's statement of cash flows that follows. (Click the icon to view the consolidated statement of cash flows.) Suppose CooperHall's operating activities provided, rather than used, cash. Identify three things if using the indirect method that could cause operating cash flows to be positive, - X Three things that could cause positive operating cash flows: Data Table 25 (266) 26 $ A large gain on the sale of assets Increase in Unearned revenue Decrease in Income taxes payable Increase in Other, net Net cash used in operating activities Cash flows from Investing activities: Purchase of property and equipment Purchase of investments Sale of investments (153) A large loss on the sale of assets $ (1,593) (21,282) Decreases in current assets other than cash 19.286 (363) Decreases in current liabilities $ (3,952) Foreign exchange on future income tax Increases in current assets other than cash $ 835 Acquisitions of other companies Net cash used in investing activities Cash flows from financing activities: Proceeds from the issuance of common stock, net Other financing activities, net Net cash provided by financing activities Impact of foreign currency translation Net increase (decrease) in cash and cash equivalents 378 Increases in current liabilities $ Stock-based compensation 1.213 18 1991 $ (2,874) 4,155 Cash and cash equivalents at beginning of year Choose from any drop-down list and then continue to the next question. $ 1,281 Cash and cash equivalents at end of year
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