Multiple Choice
If a project is expected to increase inventory by $15,000, increase accounts payable by $10,000, and decrease accounts receivable by $1,000, what effect does working capital have during the life of the project?
A) increases investment by $4,000
B) increases investment by $5,000
C) increases investment by $6,000
D) working capital has no effect during the life of the project
Correct Answer:
Verified
Correct Answer:
Verified
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