Adjust net income of $71,100 for changes in operating assests and liabilities to arrive at net cash flow from operating activities.

Show Me How Changes in Current Operating Assets and Liabilities-Indirect Method Covington Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, 2012 Dec. 31, 2011 Accounts receivable $17,600 $16,600 Inventory 63,700 64,400 Accounts payable 30,500 29,600 Dividends payable 15,000 16,000 Adjust net income of $71,100 for changes in operating assets and liabilities to arrive at net cash flow from operat 70,500 X Feedback Check My Work Once you have calculated the changes in the current operating assets and liabilities determine what impact