Multiple Choice
Accounts receivable increased by $100,000 and accounts payable decreased by $50,000.What will be the net result in terms of cash flow?
A) Cash increased by $50,000.
B) Cash decreased by $50,000.
C) Cash increased by $150,000.
D) Cash decreased by $150,000.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Using the indirect method, the operating activities
Q17: Cash flow from financing activities was?<br>A) $(293,000)<br>B)
Q17: If an entity receives cash from the
Q20: Long-term debt on the balance sheet increased
Q21: During the year sales to customers were
Q23: Cash flow from investing activities was?<br>A) $0<br>B)
Q24: Regardless of the basis of accounting used,
Q24: Long-term debt on the balance sheet increased
Q26: A decrease in a liability will be
Q27: A business sold equipment for $15,000 in