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nisha nisha
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8 months ago
Assume the following information from the financial statements of ReStateM Company:

Net income $10,000
Depreciation expense$3,000
Salaries expense$5,000
Deferred income taxes $2,000
Change in accounts receivable $4,000
Change in accounts payable -$5,000
Change in inventory-$2,000
Capital expenditures $4,000

The change in net working capital for ReStateM Company is

▸ increase $7,000.

▸ decrease $2,000.

▸ increase $2,000.

▸ decrease $7,000.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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inhibitor128inhibitor128
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8 months ago
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nisha Author
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8 months ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Fleury
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Yesterday
Correct Slight Smile TY
carston
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2 hours ago
this is exactly what I needed
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