AB 217 Week 3 Discussion | Assignment Help | Kaplan University
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- 22 Aug 2018
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AB 217 Week 3 Discussion | Assignment Help | Kaplan University
Unit 3 Discussion
Financial Statement Analysis
In
this unit 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’s 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’s 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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