You are given with the following information : Items 2020 (₹) 2021 (₹) Building 50,000 66,000 Stock 80,000 90,000 Debtors 1,20,000 1,15,000 Cash 30,000 47,000 Total 2,80,000 3,18,000 Share Capital 2,00,000 2,50,000 Retai

CS Executive · Corporate and Management Accounting · PYQS · December 2022
You are given with the following information : Items 2020 (₹) 2021 (₹) Building 50,000 66,000 Stock 80,000 90,000 Debtors 1,20,000 1,15,000 Cash 30,000 47,000 Total 2,80,000 3,18,000 Share Capital 2,00,000 2,50,000 Retained Earnings 10,000 23,000 Creditors 70,000 45,000 Total 2,80,000 3,18,000 The net change in working capital is:
(A) Net increase ₹47,000
(B) Net decrease ₹47,000
(C) Net decrease ₹52,000
(D) Net increase ₹52,000

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Financial Statements Analysis

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