Question
An increase in inventories of $500 and a decrease in the bank balance of $600 and anincrease in payables of $1,400 results in: A. A
An increase in inventories of $500 and a decrease in the bank balance of $600 and anincrease in payables of $1,400 results in:
A. A decrease in working capital of $1,500
B. An increase in working capital of $1,500C.
A decrease in working capital of $1,300
D. An increase in working capital of $1,300
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Financial Accounting for Decision Makers
Authors: Peter Atrill, Eddie McLaney
6th Edition
273763451, 273763458, 978-0273763451
