Question: If accounts payable increased to $ 9 7 , 8 9 9 . 5 4 in 2 0 2 2 and keeps rising, what does
If accounts payable increased to $ in and keeps rising, what does this signify and what action should be taken?
A The company is efficiently managing its cash flow; no action needed.
B The company may be delaying payments too long, potentially harming credit terms; consider quicker payment strategies.
C Increased accounts payable is beneficial for longterm growth; invest more in operations.
D The company should immediately pay off all accounts payable.
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