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24 July, 03:18

In 2011, a firm books the following: increase in cash, $0; increase in inventories $13; increase in accounts receivable, $29; increase in accounts payable, $17; what is the firms change in net working capital?

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  1. 24 July, 06:00
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    given: increase in inventories = $13 increase in accounts receivable = $29 increase in accounts payable=$17 solution: change in net working capital = increase in inventories + increase in accounts receivable - increase in accounts payable. change in net working capital = 13+29-17 = $25
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