As of October 31, 2013 the Balance Sheet for A Company, the Trade Accounts and n
ID: 2474428 • Letter: A
Question
As of October 31, 2013 the Balance Sheet for A Company, the Trade Accounts and notes receivable, net account was shown as $ 3,758.2 MM. As of October 31, 2012, the Trade Accounts and notes receivable, net balance was $799.1 MM. What would be the expected cash flow impact shown on the Statement of Cash Flows? $40,900.00 -$7,557,300.00 $40,900.000 $7,557,300.000 On July 2, 2012, a UK based drug maker made a $3.0 bn cash payment to settle a number of lawsuits brought by the United States government that the Company accrued for in a prior year. What adjustment would have been required to the Balance Sheet to offset the $3.0 bn decrease in cash? Decrease in Payables Increase in Other Investments Decrease in Other Intangible Assets Decrease in ProvisionsExplanation / Answer
5.
Decrease in Trade accounts and receivable=$3,758..2 MM-$3,799.1MM=-$4.09MM=-$40,900
Increase in cash flow=$40,900
6.Decrease in provisions
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