Question
Consider the following working capital information for Full House Corporation: Year 2011 2012 Accounts Receivable $ 0 $100 Inventory $100 $100 Accounts Payable $ 0
Consider the following working capital information for Full House Corporation:
| Year | 2011 | 2012 |
| Accounts Receivable | $ 0 | $100 |
| Inventory | $100 | $100 |
| Accounts Payable | $ 0 | $ 50 |
What was the effect on free cash flow for the firm this past year? (Show your work. Label $. No decimal places required. Highlight or bold your answer.)
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The Handbook Of Financing Growth
Authors: Kenneth H. Marks, Larry E. Robbins, Gonzalo Fernandez, John P. Funkhouser, D. L. Williams
2nd Edition
0470390158, 978-0470390153
