Question: eBook Show Me HowPrint Item Question Content Area Changes in current operating assets and liabilities indirect method Mohammed Corporation's comparative balance sheet for current assets

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Changes in current operating assets and liabilitiesindirect method
Mohammed Corporation's comparative balance sheet for current assets and liabilities was as follows:
Line Item Description Dec. 31,20Y2 Dec. 31,20Y1
Accounts receivable $26,000 $25,100
Inventory 66,90067,600
Accounts payable 22,50020,700
Dividends payable 25,00023,000
Adjust net income of $102,500 for changes in operating assets and liabilities to arrive at net cash flows from operating activities.
fill in the blank 1 of 1$
 eBook Show Me HowPrint Item Question Content Area Changes in current

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