In 20X3, P Co Reported an Increase in Trade Receivables

Multiple Choice

In 20X3, P Co reported an increase in trade receivables of $303 million, and an increase in inventory of $284 million. They also experienced an increase in short-term borrowings of $3,921 million and an increase in trade payables of $253 million. Calculate the net cash effect of these changes.

A) $3,587 million decrease
B) $4,761 million increase
C) $3,587 million increase
D) $4,761 million decrease