Question
If the accounts receivable balance at the beginning of the year is $10,000 and it grows to $15,000 by the end of the year, is
If the accounts receivable balance at the beginning of the year is $10,000 and it grows to $15,000 by the end of the year, is this increase of $5,000 in accounts receivable (added to or subtracted from) net income when calculating the cash flow from operations? Why?
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The Routledge Handbook Of Financial Literacy
Authors: Gianni Nicolini, Brenda J. Cude
1st Edition
0367457776, 978-0367457778
