Financial and Management Accounting

1:

Which of the following statements is correct?

A.
A decrease in current liabilities causes an increase in the working capital.
B.
An increase in current liabilities causes an increase in the working capital.
C.
A decrease in the current assets causes an increase in the working capital.
D.
An increase in the current assets causes a decrease in the working capital.
 

Answer : A

Explanation :

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Option: A

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