What is the net effect on a firm's working capital if a new project requires: #30,000 increase
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Question:
What is the net effect on a firm's working capital if a new project requires: #30,000 increase in inventory, $10,000 increase in accounts receivable, $35,000 increase in machinery, and a $20,000 increase in accounts payable?
a) +10,000
b) +55,000
c) +20,000
d) -5,000
Related Book For
Cost Management Measuring Monitoring and Motivating Performance
ISBN: 978-0470769423
2nd edition
Authors: Leslie G. Eldenburg, Susan K. Wolcott
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