QUESTION

54. Glass Blowers, Inc. has a new project in mind that will increase accounts receivable by $18,000, decrease accounts p

Category: Business
Subject: Finance
Due Date: 02/02/2016
Question Asked: 2016-02-03 02:49:29

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54. Glass Blowers, Inc. has a new project in mind that will increase accounts receivable by $18,000, decrease accounts payable by $6,000, increase fixed assets by $36,000, and decrease inventory by $11,000. What is the amount the firm should use as the initial cash flow attributable to net working capital when it analyzes this project? 
A. -$45,000
B. -$37,000
C. -$13,000
D. -$9,000
E. -$1,000


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54. Glass Blowers, Inc. has a new project in mind that will increase accounts receivable by $18,000, decrease accounts p

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