Question

Net income Twix Dots Skor $ 4,000 $ 100,000 $ 72,000 Depreciation expense 30,000 8,000 24,000 Accounts receivable increase (decrease) 40,000 20,000 (4,000) Inventory increase (decrease) (20,000) (10,000) 10,000 Accounts payable increase (decrease) 24,000 (22,000) 14,000 Accrued liabilities increase (decrease) (44,000) 12,000 (8,000) 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. Cash Flows from Operating Activities (Indirect) Twix Dots Skor 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 $ 0 $ 0 $ 0

          Net income                                 Twix       Dots        Skor
                                             $ 4,000    $ 100,000   $ 72,000
Depreciation expense                         30,000     8,000       24,000
Accounts receivable increase (decrease)      40,000     20,000      (4,000)
Inventory increase (decrease)                (20,000)   (10,000)    10,000
Accounts payable increase (decrease)         24,000     (22,000)    14,000
Accrued liabilities increase (decrease)      (44,000)   12,000      (8,000)

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.

Cash Flows from Operating Activities (Indirect)
                                             Twix       Dots        Skor
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
$ 0 $ 0 $ 0

net income twix dots skor 4000 100000 72000 depreciation expense 30000 8000 24000 accounts receivable increase decrease 40000 20000 4000 inventory increase decrease 20000 10000 10000 account 18486

Added by Gina M.

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