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The table below shows the changes in the net working capital items of ABC PLC. Discuss the impact of changes in net working capital items
The table below shows the changes in the net working capital items of ABC PLC. Discuss the impact of changes in net working capital items on the company's cash flow statement for the year of 2019 (Currency is $ )
Account name | 2018 | 2019 | |
Trade Receivable | 120 000 | 150 000 | |
Trade payable | 320 000 | 240 000 | |
Inventory | 160 000 | 220 000 |
Trade Receivables 120,000 150,000 Trade Payables 320,000 240,000 Inventories 160,000 220,000
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