Which of the following represents a source of cash?
A) a decrease in accounts payable
B) a decrease in accounts receivable
C) payment of dividends
D) an increase in inventories

Name: Which of the following represents a source of cash? A) a decrease in accounts payable B) a decrease in accounts receivable C) payment of dividends D) an increase in inventories
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Question

Quizplus · Accepted Answer

A decrease in accounts receivable means that customers are paying their invoices, which increases the company's cash balance.

Which of the Following Represents a Source of Cash