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    Fundamentals Of Corporate Finance Study Set 21
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    Exam 3: Working With Financial Statements
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    According to the Statement of Cash Flows, an Increase in Accounts
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According to the Statement of Cash Flows, an Increase in Accounts

Question 11

Question 11

Multiple Choice

According to the statement of cash flows, an increase in accounts receivable will _____ the cash flow from _____ activities.


A) decrease; operating
B) decrease; financing
C) increase; operating
D) increase; financing
E) decrease; investment

Correct Answer:

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