Question: An increase in sort term investments of 450, a decrease in cash deposits of 600 and an increase in creditors of 1,300 will result in:
An increase in sort term investments of 450, a decrease in cash deposits of 600 and an increase in creditors of 1,300 will result in:
Select one:
a. an increase in working capital of 1,900
b. a decrease in working capital of 1,450
c. a decrease in working capital of 1,050
d. a decrease in working capital of 1,900
e. an increase in working capital of 1,300
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
