Question: Using the following data, what is the change in net working capital for Upgrade Corporation? Current Account Change in Balance Cash + $12,000 Accounts Payable
Using the following data, what is the change in net working capital for Upgrade Corporation?
Current Account Change in Balance Cash + $12,000
Accounts Payable + $21,000
Accruals + $6,000
Depreciation + $10,000
Inventories + $24,000
| a. + $9,000 | ||
| b. - $1,000 | ||
| c. - $4,000 | ||
| d. + $19,000 |
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