Dec. 31, 20Y2 Dec. 31, 20Y1 Accounts receivable $20,800 $19,900 Inventory 72,000 72,700 Accounts payable 20,700 19,800 Dividends payable 17,000 18,000
Dec. 31, 20Y2 Dec. 31, 20Y1 Accounts receivable $20,800 $19,900 Inventory 72,000 72,700 Accounts payable 20,700 19,800 Dividends payable 17,000 18,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Dec. 31, 20Y2 Dec. 31, 20Y1
Accounts receivable $20,800
$19,900
Inventory
72,000
72,700
Accounts payable 20,700
19,800
Dividends payable 17,000
18,000
Adjust net income of $81,300 for changes in operating assets and liabilities to arrive at net cash flow from operating
activities.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F335075f2-f015-4952-ab41-5b2a4328dd6f%2F5e200432-2a60-40d1-839f-294e47079270%2Fbwjlr2v_processed.png&w=3840&q=75)
Transcribed Image Text:Dec. 31, 20Y2 Dec. 31, 20Y1
Accounts receivable $20,800
$19,900
Inventory
72,000
72,700
Accounts payable 20,700
19,800
Dividends payable 17,000
18,000
Adjust net income of $81,300 for changes in operating assets and liabilities to arrive at net cash flow from operating
activities.
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