In its recent annual report, PepsiCo included the following information in its balance sheets (dollars in millions):
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Explain the effects of the changes in inventory and accounts payable on cash flow from operating activities for the currentyear.
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CONSOLIDATED BALANCE SHEETS Current Year Previous Year Inventories 3,827 3,372 Accounts payable 11,757 10,923
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Current Year Previous Year Change Inventory 3827 3372 455 AP 11757 10923 834 Increases in inventory ...View the full answer
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I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
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Related Book For
Financial Accounting
ISBN: 978-0078025556
8th edition
Authors: Robert Libby, Patricia Libby, Daniel Short
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