Solution-Whether the following accounts increased or

Whether the following accounts increased or decreased

Reference no: EM13867187

Colgate- Palmolive was founded in 1806. Its statement of cash flows reported the following information (in millions) for the year ended December 31, 2012:

Operating Activities

Net Income $ 2,630

Depreciation 425

Cash effect of changes in

Accounts Receivable 20 Inventory (20)

Accounts Payable (5)

Other.. 150

Net Cash Provided by Operations $ 3,200

Required:

Based on the information reported in the operating activities section of the statement of cash flows for Colgate- Palmolive, indicate whether the following accounts increased (I) or decreased (D) during the period:

(a) Accounts Receivable,

(b) Inventories, and

Reference no: EM13867187

Questions Cloud

Difference between fdi and pi : Explain the difference between foreign direct investment (FDI) and portfolio investment (PI).

Pros and cons of mary using a repeated measures : Describe the pros and cons of Mary using a repeated measures design for this study. What would you probably choose to do? Support your responses.

Prepare the journal entries that richie company : Use the information in RE21 3. Prepare the journal entries that Richie Company (the lessor) would make in the first year of the lease assuming the lease is classified as a sales type lease.

Explain the ethical issues and corporate governance : Do you think the practice of tobashi is a form of earnings management? Why or why not? Explain the ethical issues and corporate governance failings that contributed to the fraud at Olympus including the role of the auditors.

Whether the following accounts increased or decreased : Based on the information reported in the operating activities section of the statement of cash flows for Colgate- Palmolive, indicate whether the following accounts increased (I) or decreased (D) during the period: (a) Accounts Receivable, (b) Invent..

Create a deviation from mean for the temperature variables : Create a deviation from mean for the temperature variables and create squared terms for each of the temperature variables in deviation from mean form.

Feedback and comments by your classmates : Submit an essay (at least 250 words) - posting it inside the forum for feedback and comments by your classmates.In terms of your study in this course, how might you know that you are at a point of diminishing returns, or where more study will not ben..

Discuss factors that affect the exchange rate : Discuss factors that affect the exchange rate

Agreement to lease a storage building from the wake company. : On January 1, 2010, the Caswell Company signs a 10 year cancelable (at the option of either party) agreement to lease a storage building from the Wake Company. The following information pertains to this lease agreement:

User Account

All Pages

Whether the following accounts increased or decreased

Reference no: EM13867187

Reference no: EM13867187

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

Case study juniper delivery service

Connie is starting a new business she contacts ellen by

Formulation phase of policymaking in general terms

Discuss relevance of accounting standard-setting process

The company has 25 million shares of outstanding stock and

The turnaround team included inexperienced personnel a

Complete the worksheet by extending amounts reported

Is fund accounting less appropriate for businesse

Theoretical cycle time per unit in minutes

Josh has decided to incorporate his consulting practice

Disadvantages of the following types of financing

Keefe inc a calendar year corporation acquires 70 of george

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT