In 1998 pepsico reported an increase in accounts receivable, Ask an Expert

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In 1998, PepsiCo reported an increase in accounts receivable 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 accounts payable of $253 million. find out 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.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M996770

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