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The following data ($ million) was summarized from a firm's year-end financial statements. 12/31/12 Income Statement Item Net Income Depreciation Balance Sheet Item Accounts receivable

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The following data ($ million) was summarized from a firm's year-end financial statements. 12/31/12 Income Statement Item Net Income Depreciation Balance Sheet Item Accounts receivable Inventory Accounts payable 12/31/11 12/31/12 Change 13 11 What are the total net adjustments that the company would make to net income in order to derive operating cash flow? Add $6 million. Add $2 million. $0 net adjustment needed

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