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Directions: Use the information below to answer the following question. What was the impact on cash flow from changes in accounts receivable in year 2?
Directions: Use the information below to answer the following question. What was the impact on cash flow from changes in accounts receivable in year 2?
End of Year 1 | End of Year 2 | |
Cash | $63 | $65 |
Accounts Receivable | 360 | 347 |
A) $15 use of cash
B) $11 use of cash
C) $11 source of cash
D) $13 source of cash
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