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You are planning to offer cafe food at your bar. This will entail an increase in inventory of $5000, an increase in accounts payable of
You are planning to offer cafe food at your bar. This will entail an increase in inventory of $5000, an increase in accounts payable of $1500, and an increase in property, plant, and equipment of $50000 (due to the installation of a kitchen). All else being the same, the change in net working capital from this project is closest to:
Group of answer choices
1 - Increase by $3500
2 - Decrease by $46500
3 - Increase by $53500
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