Business
Business, 31.08.2021 01:20, Kizmit1423

Blue Circle Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, 20Y2 Dec. 31, 20Y1
Accounts receivable $17,000 $16,700
Inventory 69,300 70,000
Accounts payable 12,400 12,200
Dividends payable 16,000 17,000

Required:
Adjust net income of $70,800 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.

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Answers: 2

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Blue Circle Corporation's comparative balance sheet for current assets and liabilities was as follow...

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