Blue Circle Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, 20Y2 Dec. 31, 20Y1 $26,600 $25,500 64,600 65,300 17,300 17,100 17,000 18,000 Adjust net income of $84,000 for changes in operating assets and liabilities to arrive at net cash flow from operating activities. 84,000 X Accounts receivable Inventory Accounts payable Dividends payable

Blue Circle Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, 20Y2 Dec. 31, 20Y1 $26,600 $25,500 64,600 65,300 17,300 17,100 17,000 18,000 Adjust net income of $84,000 for changes in operating assets and liabilities to arrive at net cash flow from operating activities. 84,000 X Accounts receivable Inventory Accounts payable Dividends payable

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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