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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) 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 Treasury stock purchased $ 5,159 1,544 564 345 85 727 196 752 2,556 4,723 9. 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 outfiows as negative amounts.) UBB Statement of Cash Flows (Partial) Cash flows from operating activities: Adjustments to reconcile net income to cash flow from operating activities: 10. 2. Compute the quality of income ratio. (Round your answer to 2 decimal places.)
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