?Which of the following decreases the firm's net working capital?

A. ?distributing a stock dividend
B. ?paying accrued wages
C. ?selling inventory on credit
D. ?increasing the allowance for doubtful accounts


Answer: D

Business

You might also like to view...

Financial accounting relies on the criterion of usefulness rather than formal guidelines in reporting information

Indicate whether the statement is true or false

Business

Explain the limitations of the BCG matrix

What will be an ideal response?

Business

A business received an offer from an exporter for 30,000 units of product at $16 per unit. The acceptance of the offer will not affect normal production or domestic sales prices. The following data are available: Domestic unit sales price $22 Unit manufacturing costs: Variable 11 Fixed 6 What is the differential cost from the acceptance of the offer?

A) $120,000 B) $330,000 C) $300,000 D) $510,000

Business

Which of the following statements about gap analysis is true?

a. Analyzing the differences between an existing CMS and a proposed CMS is called gap analysis. b. It is often impossible to eliminate all system gaps in the short run because of software and/or hardware capabilities. c. Enterprise resources planning systems allow companies to contribute substantially to compute advantages and strategic values. d. All of the above statements are true.

Business