all changes in working capital resulting from the following changes? $300 increase in inventories, $150 increase in accounts payable, $120 decrease in accounts receivable, $60 decrease in other current assets, $150 decrease in other current liabilities Use the following answer format Increase in inventory Decrease in accounts receivable Decrease in other current assets Increase in accounts payable Decrease in other current liabilities Net changes in working capital
all changes in working capital resulting from the following changes? $300 increase in inventories, $150 increase in accounts payable, $120 decrease in accounts receivable, $60 decrease in other current assets, $150 decrease in other current liabilities Use the following answer format Increase in inventory Decrease in accounts receivable Decrease in other current assets Increase in accounts payable Decrease in other current liabilities Net changes in working capital
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
![b) What are the overall changes in working capital resulting from the following
changes?
$300 increase in inventories, $150 increase in accounts payable, $120 decrease in
accounts receivable, $60 decrease in other current assets, $150 decrease in other
current liabilities
Use the following answer format
Increase in inventory
Decrease in accounts receivable
Decrease in other current assets
Increase in accounts payable
Decrease in other current liabilities
Net changes in working capital](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3f9908c5-d41a-4107-96b3-854bb64da2da%2F4e5c9e34-461b-41a6-bca5-1d2818bcc741%2Fc7voqy_processed.jpeg&w=3840&q=75)
Transcribed Image Text:b) What are the overall changes in working capital resulting from the following
changes?
$300 increase in inventories, $150 increase in accounts payable, $120 decrease in
accounts receivable, $60 decrease in other current assets, $150 decrease in other
current liabilities
Use the following answer format
Increase in inventory
Decrease in accounts receivable
Decrease in other current assets
Increase in accounts payable
Decrease in other current liabilities
Net changes in working capital
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