When constructing a Statement of Cash Flows, which of the following actions would be considered a source of funds?
A)increase in the cash account
B)decrease in accounts payable
C)increase in inventory
D)increase in long-term bonds
E)increase in fixed assets

Question

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The Answer of When constructing a Statement of Cash Flows, which of the following actions would be considered a source of funds?
A)increase in the cash account
B)decrease in accounts payable
C)increase in inventory
D)increase in long-term bonds
E)increase in fixed assets

When Constructing a Statement of Cash Flows, Which of the Following