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What does an increasing trend in Accounts Payable indicate for a company?

 

• It indicates nothing in particular.

 

• The company is making better use of its cash and is not paying bills as quickly.

 

• Cash is being mismanaged.

 

• Net Income is increasing.

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Question added by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies
Date Posted: 2015/06/03
Upvote (2) Views (16) Followers (3) Answers (2) Report Question
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Shahbaz Hayder
by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Yes Option2 is the right answer.

Zehab Osman
by Zehab Osman , Accountant , Aldar Consultancy Co.

The company is making better use of its cash and is not paying bills as quickly.

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