****PLEASE DO NOT ANSWER IF YOU ALREADY DID. I'm getting a second opinion on this. Thanks.

22. Change in non-cash working capital of a company in a fiscal year should be adjusted when converting net income into cash flow in operating activities. Which sentences are correct in finding the change in non-cash working capital? A. Increased accounts receivables will increase non-cash working capital. B. Increased accounts payable will increase non-cash working capital. C. Increased notes payable will decrease non-cash working capital. 1) A only 2) B only 3) C only 4) A and B only 5) A and C only 24. York Inc has gone through a huge decrease in demand before the end of fiscal year last year. An unusual costumer bought a large amount of inventories from York Inc. An internal accountant was not aware of this transaction and simply input the beginning balance and the year end balance of inventories in order to calculate the inventory liquidity of York Inc. What sentences are correct? A. Inventory processing days will be lower than the actual value B. Inventory turnover ratio will be lower than the actual value C. liquidity of inventory will be lower than the actual value 1) A only 2) B only 3) C only 4) A and C only 5) None of above