Cash Flows from Operating Activities - Indirect Method Avenger Inc. reported the following data: Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method. Use the minus sign to indicate cash out flows, cash payments, decreases in cash and for any adjustments, if required. Solution Hi, Please find the detailed answer as follows: Notes: Notes: Any increase in the value of current assets is deducted and vice versa while calculating Cash flow from Operating Activities. Any increase in the value of current liabilities is added and vice versa while calculating Cash flow from Operating Activities. Thanks. .