Question
Company X's current assets increased by $40 million from 2015 to 2016, while the company's current liabilities increased by $25 million over the same period.
Company X's current assets increased by $40 million from 2015 to 2016, while the company's current liabilities increased by $25 million over the same period. The CASH impact of the change in working capital was:
A.$25.0 million increase
B.$40.0 million increase
C.$15.0 million decrease
D.$15.0 million increase
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Financial and Managerial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
3rd edition
978-1-119-3916, 1119392132, 1119392136, 9781119391609, 1119391601, 978-1119392132
