Question
A project is expected to decrease inventory by $6,000, decrease accounts payable by $4,000, and increase accounts receivable by $11,000. What is the project's cash
A project is expected to decrease inventory by $6,000, decrease accounts payable by $4,000, and increase accounts receivable by $11,000. What is the project's cash flow from net working capital at time zero?
A: -9,000
B: 6,000
C: 4,000
D: -4,000
E: None of the above
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Fundamentals Of Corporate Finance
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
5th Edition
1119795435, 978-1119795438
