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Number 2 Number 3 core: 0 of 10 pts 2 of 10 (1 complete) HW Score: 10%, 10 of 100 pts 11-10 (similar to) Question
Number 2
Number 3
core: 0 of 10 pts 2 of 10 (1 complete) HW Score: 10%, 10 of 100 pts 11-10 (similar to) Question Help Change in net working capital calculation Samuels Manufacturing is considering the purchase of a new machine to replace one it believes is obsolete The firm has total current assets of $922,000 and total current liabilities of $650,000. As a result of the proposed replacement, the following changes are anticipated in the levels of the current asset and current liability accounts noted. Account Change +$40,0 Marketable securities -18,000 +88,000 Accounts payable Notes payable Accounts receivable Cash 152,000 +14,000 a. The change in net working capit al is SD (Round to the nearest dollar.) Enter your answer in the answer box and then click CheckStep by Step Solution
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