A recent statement of cash flows for Colgate-Palmolive reported the following information: Based on the information reported
Question:
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 Net income Depreciation Cash effect of changes in $2,554 421 Receivables Inventories Other current assets Payables Other (130) (130) 54 199 (72) $2,896 Net cash provided by operations
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 53% (15 reviews)
Account Change Recei...View the full answer
Answered By
Antony Mutonga
I am a professional educator and writer with exceptional skills in assisting bloggers and other specializations that necessitate a fantastic writer. One of the most significant parts of being the best is that I have provided excellent service to a large number of clients. With my exceptional abilities, I have amassed a large number of references, allowing me to continue working as a respected and admired writer. As a skilled content writer, I am also a reputable IT writer with the necessary talents to turn papers into exceptional results.
4.50+
2+ Reviews
10+ Question Solved
Related Book For
Financial Accounting
ISBN: 978-0078025556
8th edition
Authors: Robert Libby, Patricia Libby, Daniel Short
Question Posted:
Students also viewed these Managerial Accounting questions
-
A recent statement of cash flows for Colgate-Palmolive reported the following information (dollars in millions): Required: Based on the information reported on the statement of cash flows for...
-
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 Apple contained the following information (dollars in thousands): Operations Net income ......... $ 310,178 Depreciation .......... 167,958 Changes in assets and...
-
Consider examples 9.2 and 9.3. Assume that social damage is quadratic as in the examples. Following section 9.2.3, assume that the regulator can only set a uniform tax. Determine the formula for the...
-
Amy, two months pregnant, wonders how the embryo is being fed and what parts of the body have formed. "I don't look pregnant yet, so does that mean not much development has taken place?" she asks....
-
An analyst has compiled the following information regarding Rubsam, Inc. There have been no distributions to owners. The analysts most likely estimate of total assets at year-end should be closest...
-
Briefly explain the main difference between exchange-traded funds (ETFs) and mutual funds?
-
Two charges are placed as shown in Fig. 17-35 with q1 = 1.5μC and Q2 = 3.3μC. Find the potential difference between points A and B. 91 0.10 m 13 0.10 m
-
Exactly two years ago, the U.S. Treasury issued 10-year Treasury notes at par value with a coupon rate of 2.50%. The Face Value of one of these notes was $10,000. Today, you want to purchase that...
-
Scenario and General Fund budgetary journal entries The scenario: Croton City maintains four governmental-type funds: a General Fund, a Library Special Revenue Fund, a Capital Projects Fund, and a...
-
Parra Company completed its income statement and balance sheet for 2014 and provided the following information: Required: Present the operating activities section of the statement of cash flows for...
-
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...
-
Comment on the viability of this business and the advisability of the investor making a 50000 investment to get it started.
-
A survey of 1,175 tourists visiting Orlando was taken. Of those surveyed: 297 tourists hadvisited the Magic Kingdom 260 tourists had visited LEGOLAND 70tourists had visited both the Magic Kingdom and...
-
The number of apples produced by each tree in an apple orchard depends on how densely the trees are planted. If only one tree were planted in a given acre, it would be expected to produce 650 apples....
-
A man and his wife have six children is having a male or female with the equally likely what is the probability of them having at least one boy
-
A farmer bought some oxen and some cows, paying 1904 in total. If he paid $55 per ox and $32 per cow, and if he bought twice as many cows as oxen, how many of each did he buy?
-
d) Evaluate sech (2x) etanh(2x) dx by using a suitable substitution.
-
Explain why the structure of charcoal allows carbon to act as a good filter while the diamond structure does not.
-
Ashlee, Hiroki, Kate, and Albee LLC each own a 25 percent interest in Tally Industries LLC, which generates annual gross receipts of over $10 million. Ashlee, Hiroki, and Kate manage the business,...
-
How does the dissociation energy of the carbon-carbon bond in an ethane molecule compare with \(1 \mathrm{eV}\) ?
-
A fertilizer manufacturing company wants to relocate to Collier County. A 13-year-old report from a fired researcher at the company says the companys product is releasing toxic by-products. The...
-
Indicate whether each of the following is identified with (1) an asset, (2) a liability, or (3) owners equity: a. accounts payable b. cash c. fees earned d. land e. supplies f. wages expense
-
Indicate whether each of the following types of transactions will either (a) increase owners equity or (b) decrease owners equity: 1. Expenses 2. Revenues 3. Owners investments 4. Owners withdrawals
-
Of 15,000 individuals aged 18 years living in Ontario, 5,000 visited their family doctor in the past year and of these individuals 1,875 were diagnosed with lifelong depression. Assuming everyone was...
-
If A = 9 3 -5 -8 -7 01-87 2 00-765 000-4 3 0 0 0 0 -9 then det (A) =
-
To improve the effectiveness of its teaching staff, the administration of a high school offered the opportunity for all teachers to participate in a workshop. They were not required to attend;...
Study smarter with the SolutionInn App