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sunkiss22 sunkiss22
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4 months ago
Assume the following information from the financial statements of ReStateM Company:

Net income $10,000
Depreciation expense$2,000
Salaries expense$5,000
Deferred income taxes $1,000
Change in accounts receivable $2,000
Change in accounts payable -$3,000
Change in inventory-$4,000
Capital expenditures $5,000

The change in net working capital for ReStateM Company is

▸ decrease $1,000.

▸ increase $7,000.

▸ decrease $7,000.

▸ increase $1,000.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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rick32rick32
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4 months ago
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sunkiss22 Author
wrote...

4 months ago
Thanks
bioc
wrote...

Yesterday
Good timing, thanks!
kh540941
wrote...

2 hours ago
Thanks for your help!!
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