Where would 'changes in accounts payable' most likely appear on a cash flow statement?
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Answer:
Changes in accounts payable would most likely appear in the operations section of a cash flow statement.
Explanation:
CFS is a financial statement that summarizes the amount of cash and cash equivalents entering and leaving a company
The main sections of the cash flow statement are:
- Operating activities
- Investing activities
- Financing activities
- Disclosure of noncash activities
The operating activities on the CFS lists out all the sources of cash from business activities. It gives the information about how much cash is generated from a company's products or services
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