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Note: it's not 207,410. Huluduey Corporation's comparative balance sheet for current assets and liabilities was as follows Dec. 31, Year 2 Dec. 31, Year 1
Note: it's not 207,410.
Huluduey Corporation's comparative balance sheet for current assets and liabilities was as follows Dec. 31, Year 2 Dec. 31, Year 1 Accounts receivable Inventory Accounts payable Dividends payable S32,350 18,640 15,940 51,460 $27,670 15,960 14,650 48,000 Adjust net income of $213,480 for changes in operating assets and liabilities to arrive at net cash flow from operating activities. Refer to the Amount Descriptions list 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. 1 Net income 2 Adjustments to reconcile net income to net cash flow from operating activities: 3Changes 4Increase in accounts receivable 5 Increase in inventory 6 Increase in accounts payable 7 Net cash flow from operating activities n current operating assets and liabilities: (4,680.00) (2,680.00) 1,290.00Step by Step Solution
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