A proposed project is expected to increase accounts receivable by $12,000, decrease inventory by $5,000, and decrease

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A proposed project is expected to increase accounts receivable by $12,000, decrease inventory by $5,000, and decrease accounts payable by $3,000. What is the amount of the NWC applicable to the project?

Group of answer choices

$2,000

$7,000

$10,000

$4,000

None of the above

Related Book For answer-question

Fundamentals of Financial Management

ISBN: 978-0324302691

11th edition

Authors: Eugene F. Brigham, ? Joel F. Houston

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Posted Date: Jan 28, 2024 11:48 AM

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A proposed project is expected to increase accounts receivable by $12,000, decrease inventory by $5,000, and decrease

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To calculate the Net Working Capital NWC impact of the proposed project you can ... View the full answer

Fundamentals of Financial Management

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