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ngagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Calculator Fortune Corporation's comparative balance sheet for current assets and abilities was as follows: Dec 31, Year 2 Dec. 31, Year 1 Accounts receivable
ngagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Calculator Fortune Corporation's comparative balance sheet for current assets and abilities was as follows: Dec 31, Year 2 Dec. 31, Year 1 Accounts receivable $7,563 $4,844 Inventory 10,978 16,561 Accounts payable 4,090 5,507 Dividends payable 4.923 3,430 Adjust Year 2 net income of $51,973 for changes in operating assets and liabilities to arrive at cash flows from operating activities using the Indirect method
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