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Suppose Intel had accounts payable of $50 on year 1, and $125 on year 2. This change in accounts payable ____ the cash available to
Suppose Intel had accounts payable of $50 on year 1, and $125 on year 2. This change in accounts payable ____ the cash available to firm in year 2. In other words, the cash effect of change in accounts payable on the year 2 operating cash flows is ____.
A. | decreases; -$75 | |
B. | increases; $75 | |
C. | increases; -$75 | |
D. | decreases; $75 | |
E. | Cannot be determined, need more information |
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