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Consider a firm Theta that spends $60 to produce goods in year 1. In year 2 it sells these goods for $100, but its customers
Consider a firm Theta that spends $60 to produce goods in year 1. In year 2 it sells these goods for $100, but its customers pay their bills with a delay, therefore the payment is not received until year 3. What's the amount of change in net working capital for each year? Multiple Choice O year 1: $60; year 2: $40; year 3:-$100 year 1: $60; year 2: $100; year 3: $0 0 year 1: -$60; year 2: 80; year 3: $100 year 1: $0; year 2: $60; year 3: $0
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