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changes in current operating assets and liabilities-indirect method ...

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Accounting

changes in current operating assets and liabilities-indirect method

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Changes in current operating assets and liabilities - indirect method Huluduey Corporation's comparative balance sheet for current assets and liabilities was as follows: Adjust net income of $75,800 for changes in operating assets and liabilities to arrive at net cas flows from operating activities. x Feedback Check My Work Once you have calculated the changes in the current operating assets and liabilities determine what impact those changes would have on cash. For exampie if accounts receivable has increased from last year to this year does that mean the company has collected more cash orless cash? If accounts payable has decreased does that mean the company has more cash or less cash

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