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

Answer:

                                              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