If C Co's Trade Receivables Balance Was $1,666 Million in 2011 and 2011

question 88

Multiple Choice

If C Co.'s trade receivables balance was $1,666 million in 2011 and $1,798 million in 2012,what would be the impact on the statement of cash flows?

• A)A decrease in cash flow from investing activities
• B)An increase in cash flow from operating activities
• C)An increase in cash flow from investing activities
• D)A decrease in cash flow from operating activities

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Definitions:

Secretary of State

A high-ranking government official responsible for foreign affairs in the United States, or state government affairs in some U.S. states.

Limited Liability

A legal structure that limits the financial responsibility of an entity's owners or shareholders to the amount they have invested, protecting personal assets from business debts.

Fiduciary Duty

An obligation to act in the best interest of another party, typically in financial or trust relations.

Winding-Up Process

The formal process of dissolving a company, involving the liquidation of assets, paying off creditors, and distributing any remaining assets to shareholders.