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Y_Kistochka [10]
3 years ago
14

What is the net effect on a firm's working capital if a new project requires: $41,375 increase in inventory, $35,370 increase in

accounts receivable, $35,000.00 increase in machinery, and a $44,016 increase in accounts payable
Business
1 answer:
Kaylis [27]3 years ago
8 0

Answer:  $32,729

Explanation:

Net working capital for a period is the current assets of the company less the current liabilities.

Change in Net Working capital is:

= Increase in inventory + Increase in accounts receivable - Increase in Accounts payable

= 41,375 + 35,370 - 44,016

= $32,729

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