Question: What is the impact on the cash flow statement from a decrease in accounts receivable, assuming the indirect method is used? Question 8 options: A

What is the impact on the cash flow statement from a decrease in accounts receivable, assuming the indirect method is used?

Question 8 options:

A decrease in the cash flow from operating activities

An increase in the cash flow from operating activities

An increase in the cash flow from financing activities

None. A decrease in accounts receivable has an impact only if the direct method is used

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!