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

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Accounting

Blue Circle Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, Year 2 Dec. 31, Year 1 Accounts receivable $32,000 $27,100 Inventory 44,900 50,500 Accounts payable 22,000 27,500 Dividends payable 19,000 18,000 Adjust net income of $81,000 for changes in operating assets and liabilities to arrive at net cash flows from operating activities.
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Blue Circle Corporation's comparative balance sheet for current assets and liabilities was as follows: Adjust net income of $81,000 for changes in operating assets and liabilities to arrive at net cash flows from operating activities. \$

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