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Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac
Edition 26ISBN: 978-1337498159Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac
Edition 26ISBN: 978-1337498159 Exercise 32
A Changes in current operating assets and liabilities-indirect method
Alpenrose Corporation's comparative balance sheet for current assets and liabilities was as follows:
Adjust net income of $207,000 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.
B Changes in current operating assets and liabilities-indirect method
Huluduey Corporation's comparative balance sheet for current assets and liabilities was as follows:
Adjust net income of $160,000 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.
Alpenrose Corporation's comparative balance sheet for current assets and liabilities was as follows:
Adjust net income of $207,000 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.
B Changes in current operating assets and liabilities-indirect method
Huluduey Corporation's comparative balance sheet for current assets and liabilities was as follows:
Adjust net income of $160,000 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.
Explanation
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A. Changes in current operating assets a...
Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac
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