Which one of the following is a source of cash?
A) an increase in accounts receivable
B) an increase in fixed assets
C) a decrease in long-term debt
D) the payment of a cash dividend
E) an increase in accounts payable

Question

Quizplus · Accepted Answer

An increase in accounts payable is a source of cash because it means the company is delaying payments to its suppliers, thus retaining cash.

Which One of the Following Is a Source of Cash