Solved: Impact on cash-working capital, Finance Basics

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Impact on cash-working capital

Assignment:

Formula: Working Capital=Current Assets - Current Liabilities. Here is the question:

Question: Our tennis school business receives $2000 from a student who did not pay his fees in January.

What would this do to your cash? increase/decrease/remains the same?

Would this increase/decrease/(remains the same) your working capital?

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Finance Basics: Impact on cash-working capital

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