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A new project will cause accounts payable to increase by $15,000, accounts receivable to increase by $40,000 and inventory to decrease by $5,000, which one
A new project will cause accounts payable to increase by $15,000, accounts receivable to increase by $40,000 and inventory to decrease by $5,000, which one of the following statements is true?
Select one: a. The project will not affect net working capital. b. The change in inventory is a source of cash. c. The change in accounts payable is a use of cash. d. Net working capital will increase by $50,000
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