If a project is expected to increase inventory by $15,000, increase accounts payable by $10,000, and decrease accounts receivable by $1,000, what effect does working capital have during the life of the project?

A) increases investment by $6,000
B) working capital has no effect during the life of the project
C) increases investment by $4,000
D) increases investment by $5,000

Answer: C) increases investment by $4,000

Business

You might also like to view...

Betty is beneficiary of a $15,000 deed of trust on a single-family home located in Long Beach, California. Trustor Milo made $2,000 in payments, then defaulted. At a trustee's sale, the property sold for $10,000, resulting in a $3,000 deficiency. In California, a deficiency judgment cannot be obtained:

A: If the security is a purchase-money trust deed; B: If remedy of trustee's sale is used; C: If fair market value of the property exceeds the amount due on the trust deed; D: In any of the above situations.

Business

The maximal-flow model might be of use to an engineer looking for spare capacity in an oil pipeline system

Indicate whether the statement is true or false

Business