Practicing Success
Which of the following statement is true? |
If balance of a current liability increases, cash flow from operations will decrease. If balance of a current liability decreases, cash flow from operations will increase. Neither 1 nor 2 Both (1) and (2) |
Neither 1 nor 2 |
If balance of a current liability increases, or balance of current asset decreases, Cash flow from operations will increase. If balance of a liability decreases and balance of current assets increases, cash flow from operations will decrease. |