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Required information [ The following information applies to the questions displayed below. ] A recent annual report for BubbliCo contained the following information for the
Required information
The following information applies to the questions displayed below.
A recent annual report for BubbliCo contained the following information for the period dollars in millions:
Net income
Depreciation and amortization
Increase in accounts receivable
Increase in inventory
Increase in prepaid expense
Increase in accounts payable
Decrease in taxes payable
Increase in other current liabilities
Cash dividends paid
Share repurchases
$
Required:
Compute cash flows from operating activities for Bubblico using the indirect method.
Note: List cash outflows as negative amounts. Enter your answers in millions.
tableBUBBLICOCash flows from operating activities:,Adjustments to reconcile net income to cash flow from operating activities:,
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