MCQs > Finance & Management > Financial Forecasting > Why is Change in Accounts Payable added back to Net Income?

Financial Forecasting MCQs

Why is Change in Accounts Payable added back to Net Income?

Answer

Correct Answer: An increase in AP reflects the fact that the company did not spend cash on paying its bills.

Explanation:

Note: This Question is unanswered, help us to find answer for this one

Financial Forecasting Skill Assessment

Overall Skill Level-Poor

Your Skill Level: Poor

Retake Quizzes to improve it

search

Financial Forecasting Skill Assessment

Overall Skill Level-Poor

Your Skill Level: Poor

Retake Quizzes to improve it