Prepare the cash flow from operating activities section of the statement of cash flows,using the indirect method for Jones Soda Co. n. Interpret your results in part (a).

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Chapter15: Financial Statement Analysis
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Problem 56P: The following selected information is taken from the financial statements of Arnn Company for its...
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Selected data derived from the income statement and balance sheet of Jones Soda Co. For a recent year are as follows;

Income Statement data (in thousands):

Net earnings(loss)                               $(6106)

Losses on inventory write-down and fixed assets 379

Depreciation expense                             799

Stock based compensation expense (noncash)     830

Balance sheet data (in thousands):

Increase in accounts receivable               278

Decrease in inventory                                 1252

Decrease in prepaid expenses                    131

Decrease in accounts payable                    472

 

a. Prepare the cash flow from operating activities section of the statement of cash flows,using the indirect method for Jones Soda Co.

n. Interpret your results in part (a).

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