In the picture, which оf the fоllоwing is item mаrked "3"?
Pаrt 1:Wаtch the videо – Whаt yоu need tо know about cash flow and how companies report it, with link below:https://www.youtube.com/embed/r3Sa5YejdX0Explain why the net income reported on a corporate balance sheet isn’t a good estimate of the increase in cash that occurred during a financial year. Your answer should be not less than 250 words and no more than 350 words. Part 2:Watch the video – CFA – Corporate Finance – Cost of Trade Credit, with link below:https://www.youtube.com/embed/dNgI-18_aGo Accounts payable is often called “interest-free financing.” As such, explain why a company would chooseto pay the amount owed on its purchases of inventory 50 days early. Base your answer on these facts:• The annualized cost of forgoing an early payment discount is approximately 16 percent.• The company’s cost of borrowing short-term on a bank line of credit is 9 percent.Your answer should be not less than 250 words and no more than 350 words and should be supported by a calculation.