How do the following transactions impact your working capital (increase it? Decrease it? No change?) a. Paid off a long-term note payable of $100,000 b. Issued bonds payable for $1 million C. Received payments of $20,000 on accounts receivable balances d. Prepaid insurance in the amount of $1400 e. Sold inventory for cash

How do the following transactions impact your working capital (increase it? Decrease it? No change?) a. Paid off a long-term note payable of $100,000 b. Issued bonds payable for $1 million C. Received payments of $20,000 on accounts receivable balances d. Prepaid insurance in the amount of $1400 e. Sold inventory for cash

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

Chapter16: Statement Of Cash Flows: Another Look

Section: Chapter Questions

Problem 18P

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