Before you begin the Discussion, you should have completed your assigned Reading. Please take this opportunity to consider the subject under discussion and formulate a response that answers all of the questions and fully demonstrates your understanding of the topic. To illustrate your knowledge, please take time to provide evidence that shows how you formulated your answers by citing sources to justify your response. In this module you learned about the preparation and content of financial statements. A common phrase in finance is Cash is King! With this in mind, the Statement of Cash Flows has been heralded as the most important financial statement. The Statement of Cash Flows on page 2.1.6 presents how changes in Balance Sheet accounts will affect a company- cash balance. Refer to that information and discuss how an increase in your company's accounts payable from one period to the next is a means to maintain high cash balances in your company- bank account. Do you believe there are any ethical considerations in slowing payments to your suppliers for the sake of increasing your company's bank balances?
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