If there is an increase in accounts receivable from one accounting period to the next, what affect
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If there is an increase in accounts receivable from one accounting period to the next, what affect would this have on the cash flow activities?
Accounts ReceivableAccounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...
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An increase in assetsaccounts receivable means that cash in...View the full answer
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Related Book For 
Fundamentals of Financial Management
ISBN: 978-0324597707
12th edition
Authors: Eugene F. Brigham, Joel F. Houston
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