If a Firm Generates $2,000 in Sales and Has a $500

question 86

Multiple Choice

If a firm generates $2,000 in sales and has a $500 increase in accounts receivable during an accounting period,based on these two categories cash flow will increase by:

• A) $2,500.
• B) $2,000.
• C) $1,500.
• D)$500.

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Definitions:

Holy Spirit

In Christianity, the third person of the Holy Trinity, considered the spirit of God active in the world, inspiring and guiding believers.

Immanence Of God

The concept that God is present and active within the creation and the universe, transcending yet being within all things.

Deist Conception

The belief in a God who created the universe but does not intervene in it or alter its laws with supernatural events.

Voltaire

A French Enlightenment writer, historian, and philosopher famous for his wit, his criticism of Christianity, and his advocacy for freedom of speech, religion, and separation of church and state.