Cima C02 Exam Question No 32

Question No 32:

An increase in inventories of $500 and a decrease in the bank balance of $600 and an increase in payables of $1,400 results in:

A. A decrease in working capital of $1,500
B. An increase in working capital of $1,500
C. A decrease in working capital of $1,300
D. An increase in working capital of $1,300

Answer: A