How do accounts receivable affect Cramers cash flows from operating activities for 2018? a. They increase cash

Question:

How do accounts receivable affect Cramer’s cash flows from operating activities for 2018?

a. They increase cash provided by operating activities.

b. They don’t because accounts receivable result from investing activities.

c. They decrease cash used by investing activities.

d. They decrease cash provided by operating activities.

Accounts Receivable
Accounts 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...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial Accounting

ISBN: 978-0134725987

12th edition

Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.

Question Posted: