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

Changes in Current Operating Assets and Liabilities

-

Indirect Method

Covington Corporation's comparative balance sheet for current assets and liabilities was as follows:

Adjust net income of $

77, 200

for changes in operating assets and liabilities to arrive at net cash flow from operating activities.

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