Question: Indicate whether a decrease in Accounts Payable will have a positive or negative EFFECT ON CASH. A positive effect can be thought of as a

Indicate whether a decrease in Accounts Payable will have a positive or negative EFFECT ON CASH.

A positive effect can be thought of as a source of cash, an increase in cash, or a positive amount on the cash flow statement.

A negative effect can be thought of as a use of cash, a decrease in cash, or a negative amount on the cash flow statement.

Group of answer choices

negative

positive

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

1) What type of cost is the oil needed to maintain a large piece of equipment? a) Opportunity cost b) Fixed cost c) Variable cost d) Indirect cost 2) A new piece of equipment requires special...

Q:

What information should not be included in a business case? Facility management food service does not have a formally approved internal biling rate. The markup percentages for catered events vary...

Q:

What information should not be included in a business case? Facility management food service does not have a formally approved internal biling rate. The markup percentages for catered events vary...

Q:

These are our reference questions for the upcoming test, please provide detailed explanation with formulas used to derive answers, please revert ASAP: Performance Sports Group Ltd. is a leading...

Q:

TRUE OR FALSE answer the all question please 40 41 Required Homework Questions 42 Repurchasing stock impacts cash Depreciation is added in the Cash Flow Statement because it is a cash expense...

Q:

TRUE OR FALSE 40 41 Required Homework Questions 42 Repurchasing stock impacts cash Depreciation is added in the Cash Flow Statement because it is a cash expense Amortization reduces cash. Free Cash...

Q:

true or false 40 41 Required Homework Questions 42 Repurchasing stock impacts cash Depreciation is added in the Cash Flow Statement because it is a cash expense Amortization reduces cash. Free Cash...

Q:

Quick Ratio This is a more conservative measure of liquidity than the Current Ratio because this ratio focuses on the firm's more liquid assets (i.e. by excluding inventory): cash equivalents per...

Q:

ndicate whether the following will have a positive or negative EFFECT ON CASH. A positive effect could also be thought of as a source of cash, an increase in cash, or a positive amount on the cash...

Q:

Multiple Questions (2 points per question) 1. On a common size basis, which of the following assets is normally largest for a commercial bank? a. Accounts and Notes Receivable b. Inventory c....

Q:

Tanaka Manufacturing Co. uses the process cost system. The following information for the month of December was obtained from the companys books and from the production reports submitted by the...

Q:

For the cash flows below, determine the amount in year 1, if the annual worth in years 1 through 9 is $601.17 and the interest rate is 10% peryear. Year Cost, $1000 A A 30 A 60 A90 A120 A 150 A 180 A...

Q:

A ( n ) budget is simply a budget expressed in terms such as units of output, hours of direct labor, machine hours, or square - foot allocations. financial nonmonetary operating liquidity

Q:

SIMAD UNIVERSITY Class: BACC25 Subject: Islamic Accounting Instructions: a) Follow The Instructions. Midterm Exam Instructor: All Ibrahim Date: 6-4-2022 b) You Have 1.5 Hrs. To Complete This Test. c)...

Q:

6. Assume you are in charge of establishing a training program for supervisors in administering discipline. Based on the supervisors potential role in the disciplinary process, formulate and discuss...

Q:

1. Wrongful Discharge. A reference is made in this chapter to a RAND study on the economic consequences of wrongful termination. Find an abstract of the study on RANDs Web site. What effect does the...

Q:

4. Seven Tests for Just Cause. A common test for determining whether just cause exists for imposing disciplinary actions was developed by arbitrator Carroll Daugherty in 1966. The standard is known...