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Huluduey Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, Year 2 $31,340 Accounts receivable Dec. 31, Year 1 $27,670
Huluduey Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, Year 2 $31,340 Accounts receivable Dec. 31, Year 1 $27,670 16,090 Inventory 17,180 Accounts payable Dividends payable 16,510 51,850 14,340 49,250 Adjust net income of $211,930 for changes in operating assets and abilities to arrive at net cash flow from g rating Refer to the Amount Descriptions ist 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. Reconciliation of Net Income Shaded cells have feedback. Adjust net income of $211,930 for changes in operating assets and abilities to arrive at net cash flow from operating activities. Refer to the Amount Descriptions is! 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. $211.930,00 1 Net Income Adjustments to reconcile net income to net cash flow from operating activities Changes in current operating assets and liabilities: Increase in accounts receivable Increase in inventory Increase in accounts payable Increase in dividends payable
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