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Discussion board, initial post should be 150 words 2 follow up posts 5–75 words
The Statement of Cash Flows on page 2.1.6 presents how changes in Balance Sheet accounts will affect a companyâ€™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 companyâ€™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?