The following table shows the financial information ofWal-mart StoresPeriodEndingNet Income 13,643,000 14,694,000 16,363,000.Total CashFlow FromOperatingActivitiesTotal CashFlows FromInvestingActivities1/31/2017 1/31/2016 1/31/2015Total CashFlows FromFinancingActivities31,530,000 27,389,000 28,564,000-13,987,000-10,675,000-11,125,000-18,929,000-16,122,000-15,071,000Please calculate the total amount of accruals for 2017 andindicate if it is a positive (increases earnings) or negative(decreases earnings) one.17887000 negative17543000 positive17543000 negativeO 17887000 positive

Accruals are the non-cash net income earned by a business as a result of accrual based accounting.…

Activities Total Cash Flows From Financing Activities -18,929,000-16,122,000-15,071,000 Please calculate the total amount of accruals for 2017 and indicate if it is a positive (increases earnings) or negative (decreases earnings) one. O 17887000 negative O 17543000 positive O 17543000 negative O 17887000 positive

Activities Total Cash Flows From Financing Activities -18,929,000-16,122,000-15,071,000 Please calculate the total amount of accruals for 2017 and indicate if it is a positive (increases earnings) or negative (decreases earnings) one. O 17887000 negative O 17543000 positive O 17543000 negative O 17887000 positive

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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