Question

In: Finance

Which one of the following is a source of cash?


Which one of the following is a source of cash?


A.

The payment of a cash dividend.


B.

An increase in accounts payable.


C.

An increase in fixed assets.


D.

An increase in accounts receivable.


E.

A decrease in long-term debt.

Solutions

Expert Solution

D.An increase in accounts receivable

Accounts receivable refers to short-term amounts due from buyers to a seller who have purchased goods or services from the seller on credit.

jeff jeffy answered 2 years ago
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