In 2013, 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) $4,761 million decrease
B) $4,761 million increase
C) $3,587 million increase
D) $3,587 million decrease
Correct Answer:
Verified
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