nolerkp998 nolerkp998
  • 19-03-2024
  • Business
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Ospry Company has working capital in the amount of $1,320,000. For each of the following transactions, determine whether working capital will increase, decrease, or remain the same.
Transaction: Purchase of new equipment for $500,000.
a) Increase
b) Decrease
c) Remain the same
d) Not enough information provided

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