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Mathematics, 08.08.2021 20:30 animeisstupid6
Changes in Current Operating Assets and LiabilitiesâIndirect Method
Huluduey Corporation's comparative balance sheet for current assets and liabilities was as follows:
Dec. 31, 20Y2 Dec. 31, 20Y1
Accounts receivable $17,500 $12,500
Inventory 51,650 44,200
Accounts payable 8,480 5,100
Dividends payable 9,480 6,100
Adjust net income of $75,800 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.
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Changes in Current Operating Assets and LiabilitiesâIndirect Method
Huluduey Corporation's comparat...
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