Problem

Calculate the net increase or decrease in each following working capital items. Do your ca...

Calculate the net increase or decrease in each following working capital items. Do your calculations agree with the amounts reported on the statement of cash flows?

Working Capital Item

Accounts receivable, net

Inventories

Income tax receivable/payable

Prepaid expenses and other current assets

Accounts payable, accrued expenses, and other liabilities

Increase or Decrease

 

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