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A firms balance sheets for year-end 2022 and 2023 contain the following data. All items are in millions of dollars. Dec. 31, 2022 Dec. 31,
A firms balance sheets for year-end 2022 and 2023 contain the following data. All items are in millions of dollars.
Dec. 31, 2022 | Dec. 31, 2023 | |||||
Accounts receivable | 36.1 | 32.2 | ||||
Inventories | 30.1 | 26.2 | ||||
Accounts payable | 26.1 | 13.2 | ||||
What was the cash flow impact of the changes in working capital during 2023?
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