ABC Inc. will be growing its business in the coming year. This will increase inventory by $10,400;
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Question:
ABC Inc. will be growing its business in the coming year. This will increase inventory by $10,400; increase in property, plant, and equipment of $30,900 ; an increase in accounts payable of $1,100 All other accounts will remain unchanged. Calculate the change in net working capital resulting from this growth.
Related Book For
Financial Reporting and Analysis Using Financial Accounting Information
ISBN: 978-1439080603
12th Edition
Authors: Charles H Gibson
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