Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A. Which one of the following will increase cash? decreasing long-term debt decreasing equity increasing inventory increasing accounts payable B. Which one of the following

A.

Which one of the following will increase cash?

decreasing long-term debt

decreasing equity

increasing inventory

increasing accounts payable

B.

Which one of the following is a use of cash?

paying a supplier

collecting an accounts receivable

selling inventory on credit

obtaining a new loan

C.

Which of the following will decrease a firms cash cycle?

a) increase in the inventory turnover rate

b) increase in the accounts receivable period

c) decease in the accounts payable period

d) both answers a and c

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions

Question

What are the functions of top management?

Answered: 1 week ago

Question

Bring out the limitations of planning.

Answered: 1 week ago

Question

Why should a business be socially responsible?

Answered: 1 week ago

Question

Discuss the general principles of management given by Henri Fayol

Answered: 1 week ago