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Help Save & Exit Colgate-Palmolive was founded in 1806. Assume its statement of cash flows reported the following information (in millions) for the year ended

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Help Save & Exit Colgate-Palmolive was founded in 1806. Assume its statement of cash flows reported the following information (in millions) for the year ended December 31, 2017: $2,313 376 Operating Activities Net Income Depreciation Cash effect of changes in Accounts Receivable Inventories Accounts Payable Other Net Cash Provided by Operations 40 (10) (65) 557 $3,211 Required: Based on the information reported in the operating activities section of the statement of cash flows for Colgate-Palmolive, determine whether the following accounts increased or decreased during the period Account Change Accounts receivable Inventores Accounts payable

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