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    Financial Accounting Study Set 13
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    Exam 7: Reporting and Interpreting Cost of Goods Sold and Inventory
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    Calculate How the Change in Trade Receivables Will Affect the Statement
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Calculate How the Change in Trade Receivables Will Affect the Statement

Question 109

Question 109

Essay

Calculate how the change in trade receivables will affect the statement of cash flows for 2012 and 2011:
a.2012 __________
b.2011 __________

Correct Answer:

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a.($13,668)decrease ...

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