What is the cash impact from OWC during Year 2? If the change releases cash use a positive sign, if it consumes cash use a negative sign in the answer. Cash and cash equivalents Marketable securities Accounts receivable Deferred income taxes Income taxes receivable Other operating receivables Total current assets Accounts payable Income taxes payable Accrued expenses Current portion of long term debt Other non-operating current liabilities Total current liabilities Year 1 Year 2 20,344.5 18,310.1 42,866.9 38,580.2 9,669.5 10,636.5 1,642.8 1,626.4 439.2 461.2 3,502.0 4,307.5 78,464.9 73,921.9 2,640.8 2,904.8 3,239.3 3,563.3 2,693.5 3,232.2 4,042.4 4,446.7 1,861.3 2,326.7 14,477.3 16,473.7

What is the cash impact from OWC during Year 2? If the change releases cash use a positive sign, if it consumes cash use a negative sign in the answer. Cash and cash equivalents Marketable securities Accounts receivable Deferred income taxes Income taxes receivable Other operating receivables Total current assets Accounts payable Income taxes payable Accrued expenses Current portion of long term debt Other non-operating current liabilities Total current liabilities Year 1 Year 2 20,344.5 18,310.1 42,866.9 38,580.2 9,669.5 10,636.5 1,642.8 1,626.4 439.2 461.2 3,502.0 4,307.5 78,464.9 73,921.9 2,640.8 2,904.8 3,239.3 3,563.3 2,693.5 3,232.2 4,042.4 4,446.7 1,861.3 2,326.7 14,477.3 16,473.7

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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Hi ,can you please explain how the cash and cash equivalents in the beginning were calculated ? Thanks
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