A recent statement of cash flows for Colgate-Palmolive reported the following information (dollars in millions): Required: Based
Question:
Required:
Based on the information reported on the statement of cash flows for Colgate-Palmolive, determine whether the following accounts increased or decreased during the period: Receivables, Inventories, Other Current Assets, andPayables.
Transcribed Image Text:
Operating Activities $1,957.2 Net income 347.6 Depreciation Cash effect of changes in Receivables (69.8) (134.7) (31.0) Inventories Other current assets Payables Other 125.2 43.8 $2,238.3 Net cash provided by operations
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 55% (9 reviews)
Account Change Receiv...View the full answer
Answered By
Aysha Ali
my name is ayesha ali. i have done my matriculation in science topics with a+ . then i got admission in the field of computer science and technology in punjab college, lahore. i have passed my final examination of college with a+ also. after that, i got admission in the biggest university of pakistan which is university of the punjab. i am studying business and information technology in my university. i always stand first in my class. i am very brilliant client. my experts always appreciate my work. my projects are very popular in my university because i always complete my work with extreme devotion. i have a great knowledge about all major science topics. science topics always remain my favorite topics. i am also a home expert. i teach many clients at my home ranging from pre-school level to university level. my clients always show excellent result. i am expert in writing essays, reports, speeches, researches and all type of projects. i also have a vast knowledge about business, marketing, cost accounting and finance. i am also expert in making presentations on powerpoint and microsoft word. if you need any sort of help in any topic, please dont hesitate to consult with me. i will provide you the best work at a very reasonable price. i am quality oriented and i have 5 year experience in the following field.
matriculation in science topics; inter in computer science; bachelors in business and information technology
_embed src=http://www.clocklink.com/clocks/0018-orange.swf?timezone=usa_albany& width=200 height=200 wmode=transparent type=application/x-shockwave-flash_
4.40+
11+ Reviews
14+ Question Solved
Related Book For
Question Posted:
Students also viewed these Managerial Accounting questions
-
A recent statement of cash flows for Colgate- Palmolive reported the following information (in millions of U. S. dollars): Operating Activities Net earnings ............ $ 1,957.2 Depreciation...
-
A recent statement of cash flows for NewArt Company reported the following information Net income ................................................................ $452,700 Depreciation...
-
A recent statement of cash flows for Apple contained the following information: Required: For each of the asset and liability accounts listed on the statement of cash flows, determine whether the...
-
KE- Data table Industry averages Debt ratio Times interest eamed ratio Fixed-payment coverage ratio Debt analysis Springfield Bank is evaluating Creek Enterprises, which has requested a $3,560,000...
-
How can a hostile acquirer get around a poison pill?
-
Give brief statements about the relevance of the following complexes in living systems: (a) Hemoglobin, (b) Chlorophylls, (c) Siderophores.
-
5. YOU BE THE JUDGE WRITING PROBLEM Susan Gould was appointed to a three- year probationary position as a teacher at Sewanhaka High School. Normally, after three years, the school board either grants...
-
The controller of Sonoma Housewares Inc. instructs you to prepare a monthly cash budget for the next three months. You are presented with the following budget information: The company expects to sell...
-
Bertha's Bakery plans to purchase a new oven for its store. Theoven has an estimated useful life of 4 years. The estimated pretaxcash flows for the oven are as shown in the table that? follows,wi 2...
-
For 2016 and 2015, compute return on sales (ROS), asset turnover (AT), return on assets (ROA), leverage (L), return on common stockholders' equity (ROE), gross profit percentage (GP), operating...
-
Time Warner Inc. is a leading media and entertainment company with businesses in television networks, filmed entertainment, and publishing. The companys 2008 annual report contained the following...
-
A recent statement of cash flows for Apple contained the following information (dollars in millions): Operations Net income ......... $11,875 Depreciation ........... 703 Changes in assets and...
-
Why is the use of time-declining discount rates advocated in the literature? Assume project A will result in net benefits of EUR 1 billion in 200 years and project B will result in net benefits of...
-
Calculate profit per discharge for Big Green Medical Center, given the following data: Patient days = 22030 Inpatient discharges = 4561 Inpatient revenue per discharge = 5924 Inpatient expense per...
-
A 2 0 0 kg car is parked atop a roller coaster which is 2 0 m tall. It is resting against an idealspring which is compressed 0 . 5 0 m from its resting position. The spring constant is 5 0 0 0 N / m...
-
(2) Given a ductile wrought steel material, whose yield tensile strength S = 36 ksi. and ultimate tensile strength Sut = 72 ksi. Select its design factor N = 2 to design the machine element. (a) When...
-
Beta company is evaluating a project which requires an initial cash outflow of $200 in Year 0, and will produce cash inflows of $70, $70, and $100 in Years 1, 2 & 3, respectively. At what discount...
-
A company begins operations in March and has the following transactions. March 1 Issue common stock for $14,000. March 5 Obtain $7,600 loan from the bank by signing a note. March 10 Purchase...
-
Why is it important to build trust with stakeholders?
-
Solve each equation or inequality. |6x8-4 = 0
-
Table 3 gives the market value of a midsize sedan (in dollars) x years after its purchase. Find an exponential regression model of the form y = ab x for this data set. Estimate the purchase price of...
-
Excerpts from the financial statements of Ticheley Enterprises are as Follows. On December 27, 2011, Ticheley sent merchandise with a sales price of $8,500 to major customer. The merchandise was in...
-
Hughes International is a U.S. company that conducts business throughout the world. Listed below are selected transactions entered into by the company during 2011. 1. Sold merchandise to Royal...
-
International Services entered into a debt covenant requiring it to maintain a current ratio of at least 1.5:1. The company's condensed balance sheet as of December 31 follows: International's...
-
. Vaughn Corporation manufactures a single product. The standard cost per unit of product is shown below, Direct materials-3 pound plastic at $6 per pound $ 18.00 Direct labor-0.5 hours at $ 11.00...
-
Hi! This question was answered before with the code block below but I would love if you could rewrite the last three methods using recursive methods. Please answer this question for me in java....
-
Using if/else if/else statements, JavaScript code in a script tag that takes the sum of two numbers and prints the corresponding result: sum + " is less than -1000"; sum + " is a negative number";...
Study smarter with the SolutionInn App