An analyst does research about cash flow s

问题单项选择题

An analyst does research about cash flow statement. When a company finances accounts payable, an immediate effect on its cash flow statement is most likely to:（）

A. decrease operating cash flow.

B. increase operating cash flow.

C. shift cash outflow from operation to a later time period.

答案

参考答案：C

解析：

安排第三方金融公司支付公司当期的应收账款，然后公司会在下一期间归还这些款项给该第三方金融公司(很可能以服务费的形式出现)，当时并不影响经营性现金流，而这样就可以平滑季节性的经营性现金流，将经营性现金流的流出延缓至未来的某个时间。