QS 12-5 (Algo) Indirect: Computing cash flows from operations LO P2 Net income Depreciation expense Accounts receivable increase (decrease) Inventory increase (decrease) Accounts payable increase (decrease) Accrued liabilities increase (decrease) Twix $ 8,000 60,100 80,200 (40,200) 48,200 (88,400) Cash Flows from Operating Activities (Indirect) Adjustments to reconcile net income to net cash provided by operating activities: Income statement items not affecting cash Changes in current operating assets and liabilities For each separate company, compute cash flows from operations using the indirect method. Note: Amounts to be deducted should be indicated by a minus sign.

QS 12-5 (Algo) Indirect: Computing cash flows from operations LO P2 For each separate company, compute cash flows from operations using the indirect method. Note: Amounts to be deducted should be indicated by a minus sign