a Sources and Uses of Cash Is an increase in Accounts Receivable a source or a use of cash Why What policies could we change to affect our Accounts Receivable balance b Statement of Cash Flows Suppose a company lengthens the time it takes to pay suppliers How would this change affect the statement ...

a Sources and uses of cash An increase in Accounts Receivable is use of cash Because if you have sal ...

a. Sources and Uses of Cash: Is an increase in Accounts Receivable a source or a use

Question:

a. Sources and Uses of Cash: Is an increase in a source or a use of cash? Why? What policies could we change to affect our balance?
b. Statement of Cash Flows: Suppose a company lengthens the time it takes to pay suppliers. How would this change affect the statement of cash flows? How sustainable is the change in cash flows from this practice?
c. Support your position with at least one biblical principle with a specific Bible verse that you feel is relevant to the situation (explain how and why it applies).
Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...