Ask Question
20 August, 21:18

Over the past year, a firm decreased its current assets and increased its current liabilities. as a result, the firm's net working capital:

+5
Answers (1)
  1. 20 August, 23:28
    0
    As a result, the firm's net working capital: had to decrease

    Net working capital is calculated by subtracting current liabilities to the current assets.

    C. Assets - C Liability = Net working Capital

    So, if the current assets is decreased and the current liability increased, it will cause a larger subtraction to the equation
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Over the past year, a firm decreased its current assets and increased its current liabilities. as a result, the firm's net working capital: ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers