Ask Question
25 December, 07:31

In 2011, a firm books the following: increase in cash, $0; increase in inventories $13; increase in accounts receivable, $29; increase in accounts payable, $17; what is the firms change in net working capital?

+1
Answers (1)
  1. 25 December, 07:39
    0
    given: increase in inventories = $13 increase in accounts receivable = $29 increase in accounts payable=$17 solution: change in net working capital = increase in inventories + increase in accounts receivable - increase in accounts payable. change in net working capital = 13+29-17 = $25
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “In 2011, a firm books the following: increase in cash, $0; increase in inventories $13; increase in accounts receivable, $29; increase in ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers