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Dec. 31, Year 2 Dec. 31, Year 1 Accounts receivable$34,800 $28,500 Inventory50,800 59,100 Accounts payable15,400 19,700 Dividends payable18,000 20,000 Adjust net income of $91,800 for
Dec. 31, Year 2Dec. 31, Year 1 Accounts receivable$34,800 $28,500 Inventory50,800 59,100 Accounts payable15,400 19,700 Dividends payable18,000 20,000
Adjust net income of $91,800 for changes in operating assets and liabilities to arrive at net cash flows from operating activities. $fill in the blank 1
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Financial Accounting Tools For Business Decision-Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
2nd Canadian Edition
0470833378, 978-0470833377
