Changes in Current Operating Assets and abilities-Indirect Method Victor Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, 2012 Dec. 31, 2011 Accounts receivable $27,900 $27,000 Inventory 53,300 54,000 Accounts payable 21,200 20,500 Dividends payable 30,000 28,000 Adjust net income of $129,000 for changes in operating assets and liabilities to arrive at net cash flow from operating activities. Feedback Check My World Once you have calculated the changes in the current operating assets and liabilities determine what impact those changes would have on cash. For example if a does that mean the company has collected more cash or less cash? If accounts payable has decreased does that mean the company has more cash or less cash