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[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):
[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):
Required:
1. Compute cash flows from operating activities for BubbliCo using the indirect method. (Enter your answer in decimals, not in percentages, rounded to 2 decimal places. List cash outflows as negative amounts.)
2. Compute the quality of income ratio. (Round your answer to 2 decimal places.)
Net income Depreciation and amortization Increase in accounts receivable ncrease in inventorv Increase in prepaid expense Increase in accounts pavable Decrease in taxes payable Increase in other current liabilities Cash dividends paid Treasury stock purchased $ 5,159 1,549 559 357 85 731 182 /52 2,547 4,730
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