n2292000 n2292000
  • 02-04-2019
  • Business
contestada

the increase of Account Payable on the statement of cash flow shows

Respuesta :

lucic
lucic lucic
  • 03-04-2019

Answer

Hello,

It shows positive cash flow

Explanation

It shows a decrease in net income but increases the cash balance. This is due to the nature of accounts payable. When a firm purchases goods on account, it does not expend cash right way, thus accountants will see this activity as an increase to cash. An increase in accounts payable is listed as a single line for the statement of cash flows.

Wish you Luck!

Answer Link

Otras preguntas

what is a decimal and a fraction between -4 abd -3
Using your knowledge of the geography of the Middle East, which country would LEAST likely benefit from oil production
Match the following items. 1. graphite precious metal 2. ruby gem 3. gold common mineral
Please help me. I need the X and Y intercepts... (Image Included)
could somebody please help with this question??
Why does Henry David Thoreau use ethos in resistance to civil government
(30 Brainly Points) Which of the following sections represents a federal court that would hear cases for the first time? E A F B
Consider the audience, occasion, and language of Gandhi’s speech and determine his purpose. Does Gandhi use elements of logos, pathos, or ethos in this speech?
help please whats the diffrences between capitalism vs socialism
If 495 milliliters of carbon dioxide at 25°C and 101.3 kilopascals reacts with excess water, what is the theoretical yield of carbonic acid?