Mind Blowers,Inc.has a new project in mind that will increase accounts receivable by $28,000,decrease accounts payable by $6,000,increase fixed assets by $36,000,and decrease inventory by $11,000.What is the amount the firm should use as the initial cash flow attributable to net working capital when it analyzes this project?
A) -$45,000
B) -$37,000
C) -$23,000
D) -$17,000
E) -$1,000
Correct Answer:
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