Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
New Topic  
sunkiss22 sunkiss22
wrote...
Posts: 143
Rep: 0 0
A month 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
Author:
Read 18 times
1 Reply
Replies
Answer verified by a subject expert
rick32rick32
wrote...
Posts: 135
Rep: 0 0
A month ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

sunkiss22 Author
wrote...

A month ago
this is exactly what I needed
wrote...

Yesterday
Thanks
wrote...

2 hours ago
Helped a lot
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1128 People Browsing
Related Images
  
 310
  
 255
  
 4427
Your Opinion
Who will win the 2024 president election?
Votes: 3
Closes: November 4

Previous poll results: Do you believe in global warming?