Question: Changes in Current Operating Assets and Liabilities-Indirect Method Mohammed Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, 20Y2 Dec.
Changes in Current Operating Assets and Liabilities-Indirect Method Mohammed Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, 20Y2 Dec. 31, 20Y1 Accounts receivable $21,200 $20,800 63,200 63,900 Inventory Accounts payable 16,800 15,800 18,000 17,000 Dividends payable Adjust net income of $76,900 for changes in operating assets and liabilities to arrive at net cash flow from operating activities Feedback
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