studyn

Q 53
You create a short term liability of say $100,000 and wipe out your AP of $100,000. You still have the same SHORT term liabilities. You do however shift the from expense (100% CFO impact) to liability (CFF principle + small CFO impact for 1 yr. interest).
I think this actually DOES help your CFO but compared to the other 2 options, it will help your CFO the least.