2. compute the quality of income ratio A recent annual report for BubbliCo contained...
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Accounting
2. compute the quality of income ratio
A recent annual report for BubbliCo contained the following information for the period (dollars in millions) $5,162 1,550 560 359 83 730 181 740 2,552 4,721 Net income Increase in accounts recelvable Increase in inventory Increese in prepaid expense Increase in accounts payable Decrease in taxes payable Increase in other current liabilities Cash dividends paid Treasury stock purchased 5. value: Required information 20.00 points 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 BUBBLICo Statement of Cash Flows (Partial) Cash flows from operating activities: Adjustments to reconcile net income to cash flow from operating activities 0
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