Question

Twix Dots

Skor Net income $ 5,300 $ 133,000 $ 96,000
Depreciation expense 39,800 10,600 32,000
Accounts receivable increase (decrease) 53,100 26,500 (5,300 )
Inventory increase (decrease) (26,600 ) (13,300 ) 13,300
Accounts payable increase (decrease) 31,900 (29,300 ) 18,600
Accrued liabilities increase (decrease) (58,500 ) 16,000 (10,600 )
For each separate company, compute cash flows from operations using the indirect method. (Amounts to be deducted should be indicated by a minus sign.)

Answer 1

Twix Dots Skor

Net Income 5,300 133,000 96,000

Adjustments to reconcile

Depreciation 39,800 10,600 32,000

Accounts Receivables 53,100 26,500 (5,300)

Inventories (26,600) (13,300) 13,300

Accounts Payable 31,900 (29,300) 18,600

Accrued Liabilities (58,500) 16,000 (10,600)

Net Cash from operating 45,000 143,500 144,000

activities