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Calculate How the Change in Trade Receivables Will Affect the Statement

question 109

Essay

Calculate how the change in trade receivables will affect the statement of cash flows for 2012 and 2011:
a.2012 __________
b.2011 __________


Definitions:

Unenforceable

A term applied to a contract that, because of a law, cannot be enforced by the courts.

Substantive Unconscionability

Unconscionability that derives from one-sided, unjust, or overly harsh substance in a contract.

Maximum Interest Rate

The highest rate of interest that can be charged on loans or credit, often regulated by law to prevent usury.

Business Tort

A wrongful act, other than a breach of contract, that results in injury or damage to another's business interests.

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