An increase in inventories of $500, a decrease in the bank balance of $800 and an increase
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An increase in inventories of $500, a decrease in the bank balance of $800 and an increase in payables of $2,400, will result in: (A) an increase in working capital of $2,700. (B) a decrease in working capital of $2,700. (C) an increase in working capital of $2,100. (D) a decrease in working capital of $2,100.
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Related Book For
Fundamentals Of Financial Accounting
ISBN: 978-0750680813
1st Edition
Authors: Henry Lunt, Walter Allan
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