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vampirchik [111]
3 years ago
6

What is the net effect on a firm's working capital if a new project requires: $40,013 increase in inventory, $30,461 increase in

accounts receivable, $35,000.00 increase in machinery, and a $43,704 increase in accounts payable?a) +10,000.
b) +55,000.
c) +20,000.
d) -5,000.
Business
1 answer:
IrinaK [193]3 years ago
8 0

Answer: +$26,770

Explanation:

The Net Working capital is the difference between a company's current assets and its current liabilities.

Net Working capital = (Inventories + Accounts Receivables) - Accounts payable

= (40,013 + 30,461) - 43,704

= $26,770

= +$26,770

<em>The options are probably not for this question in particular. </em>

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