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

A There is no reason to do so. 
B An increase in AP reflects the fact that the company did not spend cash on paying its bills. 
C It is required by the SEC. 
D It is required by IRS tax law. 

+ Answer
A 

+ Report

Md. Habib Ullah

Editor, VCampus

Your Name

Your Email

Type of Report
Spelling MistakeIncorrect AnswerGrammar MistakeContent MissingImproper Text FormatInsufficient AnswerDuplicate QuestionImproper Sentence StructureImproper Equation/FormulaOther

Description