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Currently a firms current and quick ratios are greater than 1.0. What is the immediate impact on net working capital of the following transactions? (Use
Currently a firms current and quick ratios are greater than 1.0. What is the immediate impact on net working capital of the following transactions?
(Use a + if the numerical value increases; a - if the value decreases; and NC if there is no change. You may also use arrows.)
Net working capital
An account payable is refinance
With a short-term loan.
Inventory is sold at a loss for cash.
Accrued wages are paid.
Ten-year bonds are issued and sold to the
general public.
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