In the first year of a project inventories increase by $50,000, accounts payables increase by $20,000 and
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In the first year of a project inventories increase by $50,000, accounts payables increase by $20,000 and accounts receivables decrease by
$30,000. What is the change in working capital?
a. $0
b. $10,000
c. $40,000
d. $100,000
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Related Book For
Stock Markets And Corporate Finance A Primer
ISBN: 9781800611474,9781800611498
1st Edition
Authors: Michael Dempsey
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