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

If a coder looked up head of fibula in the coding book index she would be instructed to
2r^2+3s^3-r^2+4t^2-r^2 if r=-2, s=-3, and t=5
What volume, in liters, of so2 is formed when 121 l of h2s(g) is burned? assume that both gases are measured under the same conditions?
Why is it helpful hat the ribbon tabs can collapse
Which of the following best describes the painting above
Solve sin θ = 0.95 for -90º ≤ θ ≤ 90º
The portion of a just soul which rules over the others is
This is a fuel that is produced from living organisms. Sometimes it can be made from corn and sugar. This fuel can be used to power cars and other materials. A.
Need help please What is the equation of the line that is parallel to the given line and passes through the point (12, −2)? y = –6/5x + 10 y = –6/5 + 12 y = –5/
The base of a triangle exceeds the height by 7 meters. if the area is 7272 square meters, find the length of the base and the height of the triangle.