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A firms balance sheets for year-end 2018 and 2019 contain the following data. All items are in millions of dollars. Dec. 31, 2018 Dec. 31,
A firms balance sheets for year-end 2018 and 2019 contain the following data. All items are in millions of dollars.
Dec. 31, 2018 | Dec. 31, 2019 | |||||
Accounts receivable | 36.9 | 33.8 | ||||
Inventories | 30.9 | 26.8 | ||||
Accounts payable | 26.9 | 13.8 | ||||
What happened to investment in net working capital during 2019?
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