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As CFO your company is considering an expansion project. The capital expansion will result in a $8,000 increase in cash, a $11,000 increase in accounts
As CFO your company is considering an expansion project. The capital expansion will result in a $8,000 increase in cash, a $11,000 increase in accounts receivables, and a $5,000 decrease in inventory. At the same time, accounts payable will increase by $13,000, accruals will increase by $9,000, and long-term debt will increase by $10,000. What is the change in net working capital?
answer choices:
A decrease of $18,000
An increase of $2,000
An increase of $8,000
A decrease of $8,000
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