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By comparing the year-end balance sheets for Beige Corp. in 2016 and 2017, you find that from 2016 to 2017: accounts receivable increase by $2,000,000,
By comparing the year-end balance sheets for Beige Corp. in 2016 and 2017, you find that from 2016 to 2017: accounts receivable increase by $2,000,000, inventory decreases by $1,500,000, accounts payable increase by $1,000,000, and notes payable increase by 500,000. How would the net working capital change from 2016 to 2017?
a. | decrease by $2,000,000 | |
b. | decrease by $1,000,000 | |
c. | experience no change | |
d. | increase by $2,000,000 | |
e. | increase by $5,000,000 |
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