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One question, multiple parts. Pizza International, Inc. operates 700 family restaurants around the world. The company's annual report contained the following information (in thousands): Operating
One question, multiple parts.
Pizza International, Inc. operates 700 family restaurants around the world. The company's annual report contained the following information (in thousands): Operating Activities Net Loss 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 S (9,478) 33,325 174 651 668 2,286 723 1,869 12,695 29,077 Required 1. 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, INC. Cash Flow from Operating Activities-Indirect Method 3. Of the potential causes of differences between cash flow from operations and net income, which are the most important to financial analysts? (Select all that apply.) Changes in Management of Operating Activities Changes in Revenue and Expense Recognition Different Methods of Preparing C ash Flows and Income
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