Multiple Choice
Which one of the following will decrease the net working capital of a firm?
A) Obtaining a 3-year loan and using the proceeds to buy inventory
B) Collecting a payment from a credit customer
C) Obtaining a 5-year loan to buy equipment
D) Selling inventory at a profit
E) Making a payment on a long-term debt
Correct Answer:
Verified
Correct Answer:
Verified
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