A corporation is considering expanding operations to meet growing demand. With the capital expansion the current accounts are expected to change

Management expects cash to increase by $10,000, accounts receivable by $20,000, and inventories by $30,000. At the same time accounts payable will increase by $40,000, accruals by $30,000, and long-term debt by $80,000. The change in net working capital is ________.
A) an increase of $10,000
B) a decrease of $10,000
C) a decrease of $90,000
D) an increase of $80,000

B

Business

You might also like to view...

Which of the following is an on-the-job training program that is generally sponsored by an educational institution as a component of an academic program?

A. Internship. B. Coordination training. C. Apprenticeship. D. Experiential training. E. Simulation training.

Business

The protection of infant industries by a nation's government can cause more economic harm than good

Indicate whether the statement is true or false

Business