Q20. A corporation is considering expanding operations to meet growing dermand. With the capital expansion,...
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Q20. A corporation is considering expanding operations to meet growing dermand. With the capital expansion, the current accounts are expected to change. Management expects cash to increase by $20,000, accounts receivable by $40,000, and inventories by $60,000. At the same time accounts payable will increase by 50,000, accruals by $10,000, and long-term debt by $100,000. The change in net working capital is a. An increase of $60,000 b. A decrease of $120,000 c. A decrease of $60,000 d. An increase of $120,000 Cr
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