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The Following Is an Extract from Ian’s Balance Sheets at 31

Question 4

Multiple Choice

The following is an extract from Ian’s balance sheets at 31 December 20X1 and 20X2 shows the following information about net current assets:
The following is an extract from Ian’s balance sheets at 31 December 20X1 and 20X2 shows the following information about net current assets: Which one of the following statements is correct? A) There has been a cash inflow in respect of debtors B) There has been a cash inflow in respect of creditors C) Working capital has decreased D) There has been a cash inflow in respect of stock
Which one of the following statements is correct?


A) There has been a cash inflow in respect of debtors
B) There has been a cash inflow in respect of creditors
C) Working capital has decreased
D) There has been a cash inflow in respect of stock

Correct Answer:

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