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gulaghasi [49]
4 years ago
15

Blue Circle Corporation's comparative balance sheet for current assets and liabilities was as follows:

Business
1 answer:
viva [34]4 years ago
5 0

Answer:

$81,100

Explanation:

The computation of the net cash flow from operating activities are as follows

Cash flow from operating activities

Adjusted net income $74,900

Add or less adjustments made

Less: Increased in account receivable -$5,600 ($32,400 - $26,800)

Add: Increase in account payable $5,200 ($29,800 - $24,600)

Add: Increase in dividend payable $1,000 ($17,000 - $16,000)

Add: Decrease in inventory $5,600 ($45,400 - $51,000)

Net cash flow provided by operating activities $81,100

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