A company's payment period (the average number of days between purchasing inventory and paying suppliers) has...
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A company's payment period (the average number of days between purchasing inventory and paying suppliers) has decreased. Which one of the following should be the effect on the company's cash flow timing differences? O Cash flow becomes stabilized. O Cash flow timing difference will decrease. O Cash flow timing difference will increase. O Cash flow timing difference remains unchanged. A company's payment period (the average number of days between purchasing inventory and paying suppliers) has decreased. Which one of the following should be the effect on the company's cash flow timing differences? O Cash flow becomes stabilized. O Cash flow timing difference will decrease. O Cash flow timing difference will increase. O Cash flow timing difference remains unchanged.
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The correct answer is C Cash flow timing difference will i... View the full answer
Related Book For
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
Posted Date:
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