Which of the following would cause a decrease in cash?
A) Lengthening the time it takes to collect receivables from 15 to 30 days
B) Selling fixed assets for more than book value
C) An increase in accrued salaries expense
D) Paying suppliers in 60 days versus 45 days
Correct Answer:
Verified
Q16: Which of the following does not cause
Q17: Holding all other variables constant, an increase
Q18: Which of the following appears on the
Q19: Which of the following does not appear
Q20: Net working capital can be referred to
Q22: Which of the following is a current
Q23: The matching principle says:
A)assets costs should be
Q24: Taxable income is:
A)total income excluding exempt items
Q25: Management is prone to overstate:
A)accounts receivable and
Q26: If their bonuses are based on net
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