The list includes all balance sheet accounts related to cash from operating activities.
Twix Dots Skor
Net income $ 5,500 $ 138,000 $ 99,600
Depreciation expense 41,300 11,000 33,200
Accounts receivable increase (decrease) 55,100 27,500 (5,500 )
Inventory increase (decrease) (27,600 ) (13,800 ) 13,800
Accounts payable increase (decrease) 33,100 (30,400 ) 19,300
Accrued liabilities increase (decrease) (60,700 ) 16,600 (11,000 )
Required:
1. For each separate company, compute cash flows from operations using the indirect method.