The following is an extract from Ian’s balance sheets at 31 December 20X1 and 20X2 shows the following information about net current assets:
Which one of the following statements is correct?
A) There has been a cash inflow in respect of debtors
B) There has been a cash inflow in respect of creditors
C) Working capital has decreased
D) There has been a cash inflow in respect of stock
Correct Answer:
Verified
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