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Changes in Current Operating Assets and LiabilitiesIndirect Method Blue Circle Corporation's comparative balance sheet for...

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Accounting

Changes in Current Operating Assets and LiabilitiesIndirect Method Blue Circle Corporation's comparative balance sheet for current assets and liabilities was as follows:

Dec. 31, 20Y2 Dec. 31, 20Y1
Accounts receivable $29,300 $29,000
Inventory 72,400 73,100
Accounts payable 16,400 14,800
Dividends payable 17,000 16,000

Adjust net income of $74,600 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.

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