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eBook Show Me How Question Content Area Changes in Current Operating Assets and LiabilitiesIndirect Method Mohammed Corporation's comparative balance sheet for current assets and liabilities
eBook Show Me How Question Content Area Changes in Current Operating Assets and LiabilitiesIndirect Method Mohammed Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, 20Y2 Dec. 31, 20Y1 Accounts receivable $25,400 $24,900 Inventory 70,500 71,200 Accounts payable 28,500 27,200 Dividends payable 23,000 25,000 Adjust net income of $114,000 for changes in operating assets and liabilities to arrive at net cash flow from operating activities. $fill in the blank 1
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