The accounting records of Fuzzy Dice, Inc., reveal: (Click the icon to view the accounting records.) Requirements 1. Compute cash flows from operating activities using the direct method. 2. Evaluate the operating cash flow of Fuzzy Dice, Inc. Give the reason(s) for your evaluation. Requirement 1. Compute cash flows from operating activities using the direct method. (Use parentheses or a minus sign to show net cash used for operating activites.) Cash flows from operating activities: Receipts: Total cash receipts Payments: Total cash payments Net cash provided by (used for) operating activities Requirement 2. Evaluate the operating cash flow of Fuzzy Dice Talent Agency. Give the reason(s) for your evaluation. Operating cash flow is as shown by the operating activities.

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
Section: Chapter Questions
Problem 39E: Reporting Net Cash Flow from Operating Activities The following information is available for...
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The accounting records of Fuzzy Dice, Inc., reveal:
(Click the icon to view the accounting records.)
Requirements
1. Compute cash flows from operating activities using the direct method.
2. Evaluate the operating cash flow of Fuzzy Dice, Inc. Give the reason(s) for your evaluation.
Requirement 1. Compute cash flows from operating activities using the direct method. (Use parentheses or a minus sign to show net cash used for operating activites.)
Cash flows from operating activities:
Receipts:
Total cash receipts
Payments:
Total cash payments
Net cash provided by (used for) operating activities
Requirement 2. Evaluate the operating cash flow of Fuzzy Dice Talent Agency. Give the reason(s) for your evaluation.
Operating cash flow is
as shown by the
operating activities.
Transcribed Image Text:The accounting records of Fuzzy Dice, Inc., reveal: (Click the icon to view the accounting records.) Requirements 1. Compute cash flows from operating activities using the direct method. 2. Evaluate the operating cash flow of Fuzzy Dice, Inc. Give the reason(s) for your evaluation. Requirement 1. Compute cash flows from operating activities using the direct method. (Use parentheses or a minus sign to show net cash used for operating activites.) Cash flows from operating activities: Receipts: Total cash receipts Payments: Total cash payments Net cash provided by (used for) operating activities Requirement 2. Evaluate the operating cash flow of Fuzzy Dice Talent Agency. Give the reason(s) for your evaluation. Operating cash flow is as shown by the operating activities.
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