Question: 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
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 cosh flows from operating octivitios. T Cheos in work Once you have calculated the changeg in the current operating assets and liabilities dotermine what impoct those changes would have on cash, For example if accounts recelvable has increosed from last year to this year does that mean the company has collected more cash or lens cash? if accounts poyoble has decreased does that mean the company has more cash or less cash
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