Blue Circle Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, 20Y2 Dec. 31, 20Y1 Accounts receivable $13,300 $12,400 Inventory 65,000 65,700 Accounts payable 16,800 15,500 Dividends payable 20,000 21,000 djust net income of $95,800 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.

Blue Circle Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, 20Y2 Dec. 31, 20Y1 Accounts receivable $13,300 $12,400 Inventory 65,000 65,700 Accounts payable 16,800 15,500 Dividends payable 20,000 21,000 djust net income of $95,800 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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