Wise's Corner Grocer Had the Following Current Account Values

question 73

Multiple Choice

Wise's Corner Grocer had the following current account values. What effect did the change in net working capital have on the firm's cash flows for 2012?

• A)net use of cash of $37
• B)net use of cash of $83
• C)net source of cash of $83
• D)net source of cash of $111
• E)net source of cash of $135

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Definitions:

Iteration

The repetition of a process or set of instructions in a program until a certain condition is met.

Iteration Structure

A programming construct used to repeat a block of code multiple times until a specified condition is met, examples include for, while, and do-while loops.

Sequence

An ordered collection of objects or values where each item is identifiable by its position within the collection.

Selection

A programming construct that allows for choosing between two or more paths of execution based on conditions.