Question: Interpreting Changes in Operating Assets and Liabilities Amgen Inc. reports the following adjustments to net income in its 2018 statement of cash flows. Change
Interpreting Changes in Operating Assets and Liabilities Amgen Inc. reports the following adjustments to net income in its 2018 statement of cash flows. Change in Current Operating Asset or Liability Trade receivables, net Inventories Other assets $(378) (3) 35 Accounts payable (143) Accrued income taxes, net (361) Long-term tax liabilites Other liabilities 258 1,214 Use the sign of each amount to indicate whether each current operating asset or liability increased or decreased during the year. Balance sheet item Trade receivables, net Increase or decrease during the year Inventories Other assets Accounts payable Accrued income taxes, net Long-term tax liabilities Other liabilities "
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