A new project will cause accounts payable to increase by $35,000, accounts receivable to increase by...
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A new project will cause accounts payable to increase by $35,000, accounts receivable to increase by $40,000 and inventory to decrease by $5,000 Which one of the following statements is true? A. The project will not affect net working capital. B. The change in accounts payable is a use of cash. C. The change in inventory is a use of cash. D. The project will decrease the amount of cash provided to customers. E. Net working capital will decrease. A new project will cause accounts payable to increase by $35,000, accounts receivable to increase by $40,000 and inventory to decrease by $5,000 Which one of the following statements is true? A. The project will not affect net working capital. B. The change in accounts payable is a use of cash. C. The change in inventory is a use of cash. D. The project will decrease the amount of cash provided to customers. E. Net working capital will decrease.
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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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