After the next year, the account balances change as follow: Long-term debt: DECREASED by $2,000 Cash: Does not change Accounts payable: INCREASED by $2,000 Long-term assets: DECREASED by $1,000 Accounts receivable: INCREASED by $2,000 Inventory: INCREASED by $3,000 Based on these changes, what impact did they have on your company's OPERATING CASH FLOW?

Answer rating: 100% (QA)

To determine the impact on the companys operating cash flow based on the changes in account balances we need to consider the components of operating c... View the full answer