Zwilling Corporationās comparative balance sheet for current assets and liabilities was as follows:
Dec. 31, Year 2 Dec. 31, Year 1
Accounts receivable $35,000 $39,500
Inventory 22,500 18,450
Accounts payable 18,500 16,300
Dividends payable 43,200 53,100
Adjust net income of $198,140 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.
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Zwilling Corporationās comparative balance sheet for current assets and liabilities was as follows:...
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