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A recent annual report for BubbliCo contained the following information for the period (dollars in millions):

A recent annual report for BubbliCo contained the following information for the period (dollars in millions):

   

    Net income$5,158Depreciation and amortization 1,559Increase in accounts receivable 569Increase in inventory 358Increase in prepaid expense 71Increase in accounts payable 725Decrease in taxes payable 199Increase in other current liabilities 757Cash dividends paid 2,556Treasury stock purchased 4,725 

 9.

 

 

Required information

 

Required:

1. Compute cash flows from operating activities for BubbliCo using the indirect method. (Enter your answer in decimals, not in percentages, rounded to 2 decimal places. List cash outflows as negative amounts.)

 

 

 


 

 10.

 

 

Required information

 

2. Compute the quality of income ratio. (Round your answer to 2 decimal places.)

 

Top Answer

The Net Cash flow fro Operating Activities is $7,002.... View the full answer

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