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Changes in Current Operating Assets and Liabilites-Indirect Method Covington Corporation's comparative balance sheet for current assets and liabilities was as follows: Adjust net income of

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Changes in Current Operating Assets and Liabilites-Indirect Method Covington Corporation's comparative balance sheet for current assets and liabilities was as follows: Adjust net income of $75,700 for changes in operating assets and lablities to arrive at net cash fiow from operating activities

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