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17.Consider the following statements about the increase in receivables for Tsingtao Brewing of $2,521,500: UR TENDA (i)The increase in A/R is a source of funds

17.Consider the following statements about the increase in receivables for Tsingtao

Brewing of $2,521,500: UR

TENDA

(i)The increase in A/R is a source of funds (ii) The increase in A/R is a use of funds (in)The increase is listed under "Cash flows from operating activities"WA

D.

(iv)The increase is listed under "Cash flows from financing activities" 1609

which of the following statements is correct:

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