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Homework answers / question archive / Huluduey Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec
Huluduey Corporation's comparative balance sheet for current assets and
liabilities was as follows:
Dec. 31, Year 2 Dec. 31, Year 1 Accounts receivable S31,340 S27,670 Inventory 17,180 16,090 Accounts payable 16,510 14,340 Dividends payable 51,850 49,250
Adjust net income of $211,930 for changes in operating assets and liabilities to arrive at net cash flow from operating activities. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. Use the minus sign to indicate cash outflows, cash payments, decreases in cash and for any adjustments. if required.
Adjust net income of S211,930 for changes in operating assets and liabilities to arrive at net cash flow from operating activities. Use the minus sign to indicate cash outflows, cash payments, decreases in cash and for any adjustments, if required.
1 Net income Adjustments to reconcile net income to net cash flow from operating activities: