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Accounting

Problem:

Junior's has a new project in mind that will increase accounts receivable by $27,000, increase accounts payable by $19,000, increase fixed assets by $46,000, and decrease inventory by $17,000.

Required:

Question: What is the amount the firm should use as the initial cash flow attributable to net working capital when it analyzes this project?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91169962

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