Question: After making all your forecasts for next year, you are left with accounts payable that will be $10,000 higher than this year. Which implication does

After making all your forecasts for next year, you are left with accounts payable that will be $10,000 higher than this year. Which implication does this have for the next year?

-Your sales must increase by $10,000 over your forecast

-Your retained earnings will be reduced by $10,000

-You will need an additional $10,000 in Paid-In-Capital

-Your payables have been incorrectly forecasted

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