Quiz – T/F: An increase in accounts payable represents an increase in net cash

Fundamentals of Financial Management, Concise

Brigham and Houston

09th Edition and 10th Edition

0
(0)
Back

An increase in accounts payable shows an increase in net cash from operating activities just like borrowing. An increase in accounts payable has an effect similar to taking about a loan from the bank. However, these two items show up in different places of the statement of cash flows to reflect the difference between operating and financing activities.

Experts Have Solved This Problem

Please login or register to access this content.

  • Search Terms: a. b. false true a accounts activities activities. an and bank bank. between borrowing by cash difference different effect financing flows from has however, in increase items just like loan. money net new of operating out payable provided reflect represents sections show similar statement taking the these to two up
Back
  • The use of this software is to provide check figures to compare against your own individual work. Accuracy of the check figures is not guaranteed. By purchasing credits and using our software/services, you assume all liability for the use of the software and affirm that you are abiding by your university’s academic policies. Please report any errors above.