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| Teaching Since: | May 2017 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
5.4 Relation between working capital turnover ratios and cash flow from operations. While a firms sales and net income have been steady during the last three years, the firm has experienced a decrease in its accounts receivable and inventory turnovers and increase in its accounts payable turnover. What is the likely direction of change in cash flow from operation? How would your answer be different if sales and net income were increasing?
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