Hunter Wentworth is reviewing last quarters financial statements and realizes that there has been an increase in
Question:
Hunter Wentworth is reviewing last quarter’s financial statements and realizes that there has been an increase in working capital. The most likely cause for an increase in working capital is a(n)
a. decrease in long-term liabilities and an increase in total assets.
b. increase in current assets and a decrease in current liabilities.
c. decrease in current assets and an increase in current liabilities.
d. increase in long-term liabilities and a decrease in total assets.
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Better Business
ISBN: 9780134522746
5th Edition
Authors: Michael Solomon, Mary Poatsy, Kendall Martin
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