Changes in Current Operating Assets and LiabilitiesIndirect Method Blue Circle Corporation's comparative balance sheet for...
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Accounting
Changes in Current Operating Assets and LiabilitiesIndirect Method
Blue Circle Corporation's comparative balance sheet for current assets and liabilities was as follows:
Dec. 31, 20Y2
Dec. 31, 20Y1
Accounts receivable
$23,800
$23,600
Inventory
77,500
78,200
Accounts payable
18,500
17,400
Dividends payable
24,000
22,000
Adjust net income of $99,400 for changes in operating assets and liabilities to arrive at net cash flow from operating activities. $fill in the blank 1
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