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Cash Flows from (Used for) Operating Activities The income statement disclosed the following items for the year: The changes in the current asset and liability accounts for the year are as follows: a. Prepare the Cash Flows from (used for) Operating Activities section of the statement of cash flows, using the indirect mothod. Use the minus sign to indicate cash outfiows, cash payments, decreases in cash, or any negative adjustments. Statement of Cash Flows (partial) Net cash flows from operating acuviseo b. Why is net cash flows from operating activities different than net income? of accounting, whereas net income is computed using Cash flows from operating activities is based on of accounting. Cash Flows from (Used for) Operating Activities The income statement disclosed the following items for the year: The changes in the current asset and liability accounts for the year are as follows: a. Prepare the Cash Flows from (used for) Operating Activities section of the statement of cash flows, using the indirect mothod. Use the minus sign to indicate cash outfiows, cash payments, decreases in cash, or any negative adjustments. Statement of Cash Flows (partial) Net cash flows from operating acuviseo b. Why is net cash flows from operating activities different than net income? of accounting, whereas net income is computed using Cash flows from operating activities is based on of accounting