Cyclone Inc. reported the following figures from its financial statements for the years 2015 through 2017: Describe how the change in accounts receivable will affect the calculation of cash flow from operating activities for 2017 and 2016.

Question

Cyclone Inc. reported the following figures from its financial statements for the years 2015 through 2017:  Describe how the change in accounts receivable will affect the calculation of cash flow from operating activities for 2017 and 2016.

Quizplus · Accepted Answer

The Answer of Cyclone Inc. reported the following figures from its financial statements for the years 2015 through 2017:  Describe how the change in accounts receivable will affect the calculation of cash flow from operating activities for 2017 and 2016.