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a. Sources and Uses of Cash: Is an increase in Accounts Receivable a source or a use of cash? Why? What policies could we change

a. Sources and Uses of Cash: Is an increase in Accounts Receivable a source or a use of cash? Why? What policies could we change to affect our Accounts Receivable balance?

b. Statement of Cash Flows: Suppose a company lengthens the time it takes to pay suppliers. How would this change affect the statement of cash flows? How sustainable is the change in cash flows from this practice?

c. Support your position with at least one biblical principle with a specific Bible verse that you feel is relevant to the situation (explain how and why it applies).

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