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Calculate the net cash effect of these changes

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Question - 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.

$4,761 million increase

$3,587 million decrease

$4,761 million decrease

$3,587 million increase

Reference no: EM132234147

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