In 2012,P Co Reported an Increase in Trade Receivables of $303

question 84

Multiple Choice

In 2012,P Co reported an increase in trade receivables of $303 million,and an increase in inventory of $284 million.They also experienced an increase in short-term borrowings of $3,921 million and an increase in trade payables of $253 million.Calculate the net cash effect of these changes.

• A)$3,587 million decrease
• B)$4,761 million increase
• C)$3,587 million increase
• D)$4,761 million decrease

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Definitions:

Decentralization

The dispersion of authority to make decisions throughout all organization levels.

Employment Security

The assurance an employee has about the continuity of their job within an organization.

Independent Contractors

Individuals who provide services to a company or another individual under terms specified in a contract, but who are not considered employees of the company.

Part-time Workers

Individuals employed in jobs that have fewer hours than a full-time position, typically offering lower pay and fewer benefits.