Wise's Corner Grocer Had the Following Current Account Values A)net Use of Cash of $37
B)net Use of Cash

question 31

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? $$\begin{array} { l c c } & \underline { 2011 } & \underline { 2012 } \\\text { Cash } & 90 & 112 \\\text { Accounts receivable } & 309 & 321 \\\text { Inventory } & 919 & 850 \\\text { Accounts payable } & \$ 617 & \$ 714\end{array}$$

• 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 $132
• E)net source of cash of $135

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Definitions:

Cognitive Development

The process through which individuals learn and develop their ability to think, understand, and interact with the world.

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An educational technique where support is given to students tailored to their needs and gradually removed as they become more competent.