A facility management pro forma cash flow statement has beginning accounts receivable and payable balances of Y18,000,000 Japanese and Y20,000,000 respectively. The facility manager estimates ending balances for accounts receivable will decrease and accounts payable will increase. What is the combined effect on cash available?

Answer rating: 100% (QA)

To determine the combined effect on cash available due to changes in accounts receivable and account... View the full answer