one of the following will decrease net working capital? Select one: a. A decrease in accounts payable. b. A sale of inventory at a profit. c. A sale of a fixed asset for cash. d. An increase in accounts receivable. e. An increase in accounts pay

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 20MCQ
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Which one of the following will decrease net working capital? 


 

Select one:
a. A decrease in accounts payable.
b. A sale of inventory at a profit.
c. A sale of a fixed asset for cash.
d. An increase in accounts receivable.
e. An increase in accounts payable.
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