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Over the past year, a firm decreased both it's current assets and its current liabilities by $1 million. As a result, the firm's net working
Over the past year, a firm decreased both it's current assets and its current liabilities by $1 million. As a result, the firm's net working capital:
could have either increased, decreased, or remained constant. | ||
remained constant. | ||
was unaffected as the changes occurred in the firm's current accounts. | ||
had to decrease. | ||
had to increase. |
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