Question: You are considering adding a new division into your existing firm. This will entail an increase in inventory of $8163, an increase in accounts payables
You are considering adding a new division into your existing firm. This will entail an increase in inventory of $8163, an increase in accounts payables of $2679, and an increase in property, plant, and equipment of $40,000. All other accounts will remain unchanged. The change in net working capital resulting from the addition of the new division is _____. Enter your answer in dollars and round to the nearest dollar
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
