1a) An increase in accounts receivables reflects a:

	Source of cash because it adds to cash balance
	Use of Cash because the firm must finance this

	No answer text provided.
	It depends on who the customer is

	As long as the customer pays on time it is a source of cash

1b)If a firm increases its leverage, which extended Du Pont equation ratio is directly affected?

	ROS
	Total Asset Turnover

	Equity Multiplier
	ROA

1c) Which of the following would be classified as a use of cash?

	All of the above
	A decrease in accounts receivable.

	A decrease in accruals.
	Both b c

An increase in depreciation.

1d) From the cash conversion diagram explained in our "course content" two of the four events which can occur after a complete "lap" around the track are:

	Reinvest in assets, maintain expenses
	Reinvest in sales, maintain expenses

	Generate Capital, reinvest in assets
	None of the above