Question: 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, 2014

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, 2014 Dec. 31, 2013
Accounts receivable $31,500 $27,400
Inventory 58,900 66,900
Accounts payable 31,400 26,400
Dividends payable 19,000 20,000

Adjust net income of $89,300 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.

$__

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