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Question
If SuperMart decides to offer a line of groceries at its discount retail outlet, inventories are expected to increase by $1,200,000, accounts receivable by $300,000 and accounts payable by $500,000. What is the cash outflow for working capital requirements?A) $2,000,000
B) $1,700,000
C) $1,500,000
D) $1,000,000
Answer
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Related questions
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