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Purple just sold Fred $ 4 . 2 billion of computer equipment. Fred immediately takes delivery and pays $ 1 . 6 billion in cash
Purple just sold Fred $ billion of computer equipment. Fred immediately takes delivery and pays $ billion in cash upon taking delivery; the remaining $ billion is due in days. Inventory associated with the order is $ billion. Ignore taxes. What is the impact of this transaction on:
a Revenues,b Earnings, c Receivables, d Inventory, e Cash
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