Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

omework 12 4 mints eBook Pizza International, Incorporated, reported the following information (in thousands): Net Income Depreciation Operating Activities Increase in receivables Decrease in inventory

omework 12 4 mints eBook Pizza International, Incorporated, reported the following information (in thousands): Net Income Depreciation Operating Activities Increase in receivables Decrease in inventory Increase in prepaid expenses Decrease in accounts payable Increase in accrued liabilities Decrease in income taxes payable Payments on notes payable Cash paid for equipment $ 110 33,355 180. 663 674 8,730 729 2,741 12,701 29,083 Print Required: Saved References 1. Based on this information, compute cash flow from operating activities using the indirect method. 2. What was the primary reason that Pizza International was able to report large positive cash flow from operations despite nearly having a net loss? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Based on this information, compute cash flow from operating activities using the indirect method. (Enter your answers in thousands. Amounts to be deducted should be indicated with a minus sign.) PIZZA INTERNATIONAL, INCORPORATED Cash Flow from Operating Activities-Indirect Method (in thousands) Required 2 >

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Sap Fixed Assets Accounting

Authors: Jorg Siebert, Dieter Schlagenhauf

1st Edition

1497314380, 978-1497314382

More Books

Students also viewed these Accounting questions