A firm is considering changing their credit terms. It is estimated that this change would result in sales increasing by $1,600,000. This in turn would cause inventory to increase by $125,000, accounts receivable to increase by $100,000, and accounts payable to increase by $90,000. What is the firm's expected change in net working capital? A) $315,000B) $135,000C) $225,000D) $1,735,000
Answers (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A firm is considering changing their credit terms. It is estimated that this change would result in sales increasing by $1,600,000. This in ...” 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
You Might be Interested in
What is generally true-in terms of needs and wants-about families whose income is below the poverty threshold?
Answers (1)
The average test score of rsm students in september increased by 10%. in october it increased by another 15%. by what percent did the average score on the test increase during the two months?
Answers (1)
A single negotiator is simply one of the parties in a multiparty negotiation and wants to ensure that his or her own issues and interests are clearly incorporated into the final agreement. (A) True (B) False
Answers (2)
16. A price floor represents: a. a maximum price that can be legally charged for a product or service. b. a minimum price that can be legally charged for a good or service. c. a lottery imposed upon producers by the government, d.
Answers (1)
On March 1, 20X7, Somar Co. issued 20-year bonds at a discount. By September 1, 20X12, the bonds were quoted at 106 when Somar exercised its right to retire the bonds at 105.
Answers (1)
New Questions in Business
How would a rise in business investment affect the aggregate demand curve?
Answers (1)
Alec has graduated from college and is moving to a large city to start a new job. once he arrives, he plans to buy his first new car.
Answers (1)
If Ben invests $3500 at 4% interest per year, how much additional money must he invest at 5 1 2 % annual interest to ensure that the interest he receives each year is 4 1 2 % of the total amount invested?
Answers (1)
Holding all other things constant, when the price level rises, interest rates:
Answers (1)
Stockbrokers often believe that their own expertise will enable them to select stocks that will outperform the market average. This belief best illustrates
Answers (1)