The accounts of Weston Inc.indicate the following changes in long-term assets and capital for the past year:
What was the increase or decrease in net working capital? (Hint: Changes in net fixed assets incorporate changes in both gross fixed assets and accumulated depreciation.)
A) +$450,000
B) -$250,000
C) -$1,950,000
D) +$1,950,000
E) +$3,300,000
Correct Answer:
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