What changes in the balance sheet accounts would constitute sources of funds? What changes would be considered uses of funds?
What will be an ideal response?
Increases in liabilities and equity would be considered sources of funds. For example, increases in debt, A/P, N/P, R/E or equity. Uses of funds are increases in assets, such as increases in A/R, inventory, land, buildings, and equipment. At the same time, a reduction in assets could also be considered a sources of funds while a decrease in liabilities and equity would be uses of funds.
You might also like to view...
When Gap, Inc was developing the concept for its chain of Old Navy stores, the company gave employees who fit the desired Old Navy customer profile $200 apiece
They set them loose on a shopping spree, and then interviewed them about what they purchased so these products would be on the Old Navy shelves when the stores opened. Gap, Inc utilized what format of participant sampling? A) probability sampling B) systematic sampling C) stratified sampling D) nonprobability sampling E) simple random sampling
Jewels for the Rich and Famous sells very exclusive jewelry with a minimum price of $25,000 to customers around the world. Speed of delivery to distant markets is a must. Management should consider using ________ as its main carrier
A) rail B) air C) trucks D) pipelines E) water