Sizzler International. Inc., operates 700 family restaurants around the world. The company's recent annual report contained the
Question:
Sizzler International. Inc., operates 700 family restaurants around the world. The company's recent annual report contained the following information (in thousands):
Required: 1. Based on this information, compute cash flow from operating activities using the indirect method. 2. What were the major reasons that Sizzler was able to report a net loss but positive cash flow from operations? Why are the reasons for the difference between cash flow from operations and net income important to financial analysts?
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