Question: Which of the following would cause a decrease in cash? a. An increase in the Average Collection Period from 15 days to 30 days b.

Which of the following would cause a decrease in cash?

a. An increase in the Average Collection Period from 15 days to 30 days

b. Selling off fixed assets for more than the book value

c. An increase in accrued salaries expense

d. Paying suppliers in 60 days versus 45 days

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 Finance Questions!

Q:

Table 2.2 Kinkaj, LLC Key Ratios Actu Avem 2004 Cute Quick Ratio 05 0.75 Average collection Period 23 days 30 days Inventory Tumover 217 19 Debt to 67% 50% Tineret med 18 SS GoPro Mergin 1365 120%...

Q:

Table 3.2 Dana Dairy Products Key Ratios Industry Actual Actual Average 2009 2010 Current Ratio 13 1.0 Quick Ratio 0.8 0.75 Average collection Period 23 days 30 days Inventory Turnover 21.7 19 Debt...

Q:

Please help me solve the problem c,d, you don't need to solve ABD, thanks + u + 0 A) D EXHIBIT 3-6 EPI's RATIOS VS. INDUSTRY AVERAGES A D B Elvis Products International Ratio Analysis for 2015 and...

Q:

year 2019? The following evidence for Al-Taif Company 31/12/2018 was: 5- The amount of indebtedness Trading Ratio 3, Quick Ratio 2, Assets accounts for the year 2018? Turnover 3.5, Earnings Per Share...

Q:

The following evidence for Al-Taif Company 31/12/2018 was: 5- The amount of indebtedness Trading Ratio 3, Quick Ratio 2. Assets accounts for the year 2018? Turnover 3.5, Earnings Per Share 22000 6-...

Q:

Dana Dairy Products Key Ratios Industry Actual Actual Average 2009 2010 Current Ratio 1.3 1.0 Quick Ratio 0.8 0.75 Average collection Period 23 days 30 days Inventory Turnover 21.7 19 Debt Ratio 64.7...

Q:

Dana Dairy Products Key Ratios Industry Actual Actual Average 2009 2010 Current Ratio 1.3 1.0 Quick Ratio 0.8 0.75 Average collection Period 23 days 30 days Inventory Turnover 21.7 19 Debt Ratio 64.7...

Q:

| Baker College | Undergraduate, ( x () Financial Analysis and ApplicationX Question 8 - M1 CONNECT Prob X M Inbox (1,193) - mkrug103@baker x * Course Hero * + X C...

Q:

Financial Statement Analysis You have been recently employed by a local bank as a financial analyst. One of your first job assignments is to analyze the current financial condition of Cemerlang Bhd....

Q:

Financial Statement and Cash Flow Analysis You have been hired by First Citizens Bank as a financial analyst. One of your first job assignments is to analyze the present financial condition of...

Q:

What is the reason behind the use of the minimum ratio test in selecting the pivot row? What might happen without it?

Q:

Consider the following set of observations: You should not assume these data come from a normal distribution. Test the hypothesis that these data come from a distribution with a median equal to 4....

Q:

(a) Find the equation of the line / with gradient 3 and passing through (-2, 8). Hence, write down a possible equation of a line that is perpendicular to 1. (b) Find the equation of the line / with...

Q:

Which project management tool uses the analogy "skateboard - bicycle - motorcycle - car"? Group of answer choices Scrum Waterfall Fate - Gate Star - gate

Q:

=+a. Write two different, but related, headlines.

Q:

2 Do you think all employees would welcome this degree of autonomy? Autonomous work groups were conceived as an open form of structure that allowed work groups to be self- determining in their...

Q:

=+a. Should this be placed in a media-specific vehicle (like Maximmagazine for a male audience)?