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I need help. Pizza International, Inc. operates 860 family restaurants around the world. The company's annual report contained the following information (in millions) Operating Activities
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Pizza International, Inc. operates 860 family restaurants around the world. The company's annual report contained the following information (in millions) Operating Activities Net Loss Depreciation Increase in Receivables Decrease in Inventory Increase in Prepaid Expenses Decrease in Accounts Payable Decrease in Accrued Liabilities Increase in Income Taxes Payable Payments on Notes Payable Cash Paid for Equipment $ (9,478) 33,309 174 647 672 2,286 727 1,869 12,699 29,081 The following summarized income statement for Pizza International, Inc. (in millions) Revenues Cost of Sales $136,900 45,700 Gross Profit Salary and Wages Expense Depreciation Other Expenses 91,200 56,855 33,309 7,785 Net Loss before Income Tax Expense Income lax Expense (6,749) 2,729 Net Loss $ (9,478)Step by Step Solution
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