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Alpenrose Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, 2016 Dec. 31, 2015 S32,400 15,480 14,220 Accounts receivable 27,000
Alpenrose Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, 2016 Dec. 31, 2015 S32,400 15,480 14,220 Accounts receivable 27,000 Inventory Accounts payable Dividends payale 9,500 18,000 16,200 53,100 Adjust net income of $207,000 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 $207,000 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 $20700000 1 Net income 2Adjustments to reconcile net income to net cash flow from operating activities: Changes in current operating assets and liabilities: 4 Increase in accounts payable Decrease in accounts receivable 6 ncrease in inventory 7 Net cash flow from operating activities 1,980.00 5,400.00 0.00 $0.00
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