All Else Equal, If a Firm Reduces Its Accounts Payable

question 8

Multiple Choice

All else equal, if a firm reduces its accounts payable by $20,000 during the year,

• A)cash flow from investing activities will increase by $20,000.
• B)cash flow from operating activities will increase by $20,000.
• C)cash flow from operating activities will decrease by $20,000.
• D)cash flow from investing activities will decrease by $20,000.

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Definitions:

Portfolio Development

The process of creating a comprehensive collection of an individual's work products, projects, or achievements to showcase their skills.

Essential Elements

Fundamental components or factors necessary for a system or structure to function effectively.

Prospective Employer

A company or person that one is considering or being considered by for employment.

Second Interview

A follow-up meeting in the job interview process, offering the employer and the candidate another opportunity to assess mutual suitability.