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 current year.

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Financial Accounting

ISBN: 9781264229734

11th Edition

Authors: Robert Libby, Patricia Libby, Frank Hodge

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Question Posted: Sep 22, 2022 02:10 AM

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In its recent annual report, PepsiCo included the following information in its balance sheets (dollars in millions):

Question:

Inventories Accounts payable CONSOLIDATED BALANCE SHEETS Current Year $2,947 15,017 Previous Year $2,723 14,243

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Increases in inventory cause cash flow from operations to decrease by 224 million T...View the full answer

Financial Accounting

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