What Will Be the Change in Net Working Capital If

question 27

Multiple Choice

What will be the change in net working capital if current assets increase by $170,000 and current liabilities decrease by $60,000?

• A) Increase of $110,000
• B) Increase of $230,000
• C) Decrease of $110,000
• D)Decrease of $230,000

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Definitions:

Watergate Investigation

A major political scandal in the United States involving the administration of President Richard Nixon, following a break-in at the Democratic National Committee headquarters and subsequent efforts to cover it up.

Oval Office Recordings

Audio recordings made secretly in the Oval Office, most famously by President Richard Nixon, which led to his resignation in the wake of the Watergate scandal.

Geneva Accords

Agreements concluded in Geneva in 1954, which temporarily separated Vietnam into two zones, aiming to end hostilities in Indochina and pave the way for political negotiations.

1954

The year notable for the U.S. Supreme Court decision Brown v. Board of Education, which declared state laws establishing separate public schools for black and white students to be unconstitutional.