Identify whether the following items increase, decrease, or have no impact on cash flows: increase in raw materials decrease in accounts payable decrease in accounts receivable increase in finished goods decrease in prepaid expenses stock dividend distribution to shareholders increase in accrued expenses increase in bank loans purchase of a machine provide a rationale for your selection.

Answer rating: 100% (QA)

Cash Flow Statement Operating Activity Increase in Raw Materials Decrease in Cash Flow Increase in i... View the full answer