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Pizza International, Inc., reported the following information in thousands) $ Operating Activities Net Income Depreciation Increase in receivables Decrease in inventory Increase in prepaid expenses

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Pizza International, Inc., reported the following information in thousands) $ Operating Activities Net Income Depreciation 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 1eg 33, 350 179 661 673 8,729 728 2,739 12.789 29,882 Required: 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.) 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, INC. Cash Flow from Operating Activities - Indirect Method (in thousands) Required 2 > equapnent 29,652 Required: 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 larg having a net loss? Complete this question by entering your answers in the tabs below. Required 1 Required 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? Depreciation Expense Decrease in Inventory

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