Question
ABC Inc. will be growing its business in the coming year. This will result in an increase in inventory of $11,400 ; an increase in
ABC Inc. will be growing its business in the coming year. This will result in an increase in inventory of $11,400 ; an increase in property, plant, and equipment of $47,400 ; an increase in accounts payable of $1,400 All other accounts will remain unchanged. The change in net working capital resulting from this growth is:
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Financial Management Principles And Practices
Authors: Sudhindra Bhat
2nd Edition
8174465863, 978-8174465863
