How Does Accounts Receivable Affect the Statement of Cash Flows

question 61

Multiple Choice

How does accounts receivable affect the statement of cash flows for 2012?

• A)a use of $4,218 of cash as an investment activity
• B)a source of $807 of cash as an operating activity
• C)a use of $4,218 of cash as a financing activity
• D)a source of $807 of cash as an investment activity
• E)a use of $807 of cash as an operating activity

Learn about crisis intervention strategies and how to support clients in crisis.

Appreciate the role of empathy, active listening, and respect in building effective therapeutic relationships.

Understand the importance of setting realistic goals and action plans in counseling.

Recognize the significance of brief interventions and their objectives.

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Definitions:

Operational Results

The financial outcomes resulting from a company's core business operations.

Income Tax Expense

The amount of money a company is required to pay to the government based on its taxable income.

Comprehensive Income

Represents the total change in equity for a reporting period other than transactions from owners, including all revenues, expenses, gains, and losses.