Multiple Choice
Which one of the following will decrease the net working capital of a firm? Assume the current ratio is greater than 1.0.
A) Selling inventory at a profit
B) Collecting an accounts receivable
C) Paying a payment on a long-term debt
D) Selling a fixed asset for book value
E) Paying an accounts payable
Correct Answer:
Verified
Correct Answer:
Verified
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