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- 3 attempts Rochelle Willoughby: Attempt 1 Previous Page Next Page Page 2 of 3 Question 6 (0.2 points) Why does a change in current
- 3 attempts Rochelle Willoughby: Attempt 1 Previous Page Next Page Page 2 of 3 Question 6 (0.2 points) Why does a change in current assets during the year affect a firm's cash flow for the year? Because: (SELECT ALL THAT APPLY) Increasing receivables by selling a product with a pay later plan takes company cash to pay for the the raw materials to make the product. Only changes in inventory affect cash flow, not changes in any other current asset category. Buying inventory requires cash which decreases cash flow The statement is false. Changes in current assets do not affect cash flow for a form Question 7 (0.2 points) The computation of cash flow depends on the changes in the value of current assets. Which of the following are examples of current assets that might be changed to affect a form's cash flow? SELECT ALL THAT APPLY
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