If You Have an Increase in Accounts Recieveable of $10,000;

question 33

Multiple Choice

If you have an increase in accounts recieveable of $10,000; an increase in inventory of $15,000; and an increase in accounts payable of $4,000,what is the change in net working capital?

• A) $ 29,000.00
• B) $ 21,000.00
• C) $ (19,000.00)
• D) $ (21,000.00)

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Definitions:

Engel Curve

A graphical representation showing the relationship between a consumer's income and the quantity of a good consumed, keeping all other factors constant.

Total Effect

The overall impact on a dependent variable when one or more independent variables change.

Price Change

An alteration in the cost of goods and services in the market, which can be due to various factors like inflation, supply and demand changes, or external economic conditions.

Normal Good

A type of good for which demand increases when income increases and falls when income decreases, assuming all other factors remain constant.