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

Question

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

Quizplus · Accepted Answer

The Answer of  
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

How Does Accounts Receivable Affect the Statement of Cash Flows