Question
In 2019, Star Corporation books the following: increase in cash, $5; increase in inventories $20; increase in accounts receivable, $24; increase in accounts payable, $9;
In 2019, Star Corporation books the following: increase in cash, $5; increase in inventories $20; increase in accounts receivable, $24; increase in accounts payable, $9; what is the firms change in net working capital?
a.
-$41
b.
$41
c.
$40
d.
$58
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
4th Edition
0077262379, 978-0077262372
