Question:

Changes in current operating assets and liabilities indirect

Last updated: 12/12/2023

Changes in current operating assets and liabilities indirect

Changes in current operating assets and liabilities indirect method Huluduey Corporation s comparative balance sheet for current assets and liabilities was as follows Dec 31 20Y2 Dec 31 20Y1 17 500 12 500 51 650 44 200 8 480 5 100 9 480 6 100 Adjust net income of 75 800 for changes in operating assets and liabilities to arrive at net cash flows from operating activities 70 110 x Accounts receivable Inventory Accounts payable Dividends payable