Prepare the cash flows from operating activities section of

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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 $ (10,547)
  • Losses on inventory write-down and fixed assets 2,248
  • Depreciation expense 811
  • Stock based compensation expense (noncash) 727

Balance Sheet data (in thousands):

  • Decrease in Accounts Receivable 364
  • Decrease in inventory 210
  • Decrease in prepaid expenses 206
  • Decrease in accounts payable (165)
  • Decrease in accrued liabilities (1,117)

Prepare the Cash Flows from Operating activities section of the statement of cash flows using the indirect method for Jones Soda Co. for the year.

Reference no: EM13595486

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