Other Print Item Changes in Current Operating Assets and Liabilities-Indirect Method s comparative balance sheet for current assets and liabilities was as follows: Dec. 31, Year 2 Dec. 31, Year 1 Inventory Accounts payable Dividends payable Adjust net income of $123,000 for changes in operating assets and liabilties to arrive at net cash flow from operating activit $14,300 82,400 25,800 25,000 $17,700 72,900 21,500 27,000 114,400 x Once you have calculated the changes in the current operating assets and liabilities determine what impact those changes would have on cash. For example if accounts receivable has increased from last year to this year does that mean the company has collected more cash or less cash? If accounts payable has decreased does that mean the c KP Next All work saved