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Changes in Current Operating Assets and Liabilities-Indirect Method Victor Corporation's comparative balance sheet for c
Posted: Tue Jul 05, 2022 1:36 pm
by answerhappygod
- Changes In Current Operating Assets And Liabilities Indirect Method Victor Corporation S Comparative Balance Sheet For C 1 (17.86 KiB) Viewed 10 times
Changes in Current Operating Assets and Liabilities-Indirect Method Victor Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, 20Y2 Dec. 31, 20Y1 Accounts receivable $24,300 $23,600 Inventory 59,700 60,400 Accounts payable 20,600 19,800 Dividends payable 25,000 27,000 Adjust net income of $122,300 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.