Chapter 12 - Question 4.pdf - 4 Award 17.00 points Problems Adjust credit for all students E12-9 Reporting and Interpreting Cash Flows from Operating

Chapter 12 - Question 4.pdf - 4 Award 17.00 points Problems...

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4.Award: 17.0017.00 pointspointsProblems? Adjust creditfor all students. E12-9 Reporting and Interpreting Cash Flows from OperatingE12-9 Reporting and Interpreting Cash Flows from OperatingActivities from an Analyst's Perspective (Indirect Method) LO12-2Activities from an Analyst's Perspective (Indirect Method) LO12-2Free Skies Inc. is a leading media and entertainment company with businesses in televisionnetworks, filmed entertainment, and publishing. The company's recent annual report contained thefollowing information (dollars in millions):Net loss$ (11,602)Depreciation, amortization, and impairments36,790 Decrease in receivables1,945 Increase in inventories6,866 Decrease in accounts payable575 Additions to equipment4,777 Required: 1. Based on this information, compute cash flow from operating activities using the indirectmethod. (Enter your answers in millions.
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  • Spring '16
  • Cash Flow Statement, Generally Accepted Accounting Principles, Interpreting Cash Flows, Free Skies Inc.

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