< Changes in Current Operating Assets and Liabilities-Indirect Method Blue Circle Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, 20Y2 Dec. 31, 20Y1 Accounts receivable Inventory Accounts payable Dividends payable $29,900 56,700 29,800 28,000 $29,300 57,400 29,600 26,000 Adjust net income of $117,900 for changes in operating assets and liabilities to arrive at net cash flow from operating activities. 116,200 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 example if a 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