Cash Fl o ws and W o r king Capital. A firm’s balance sheets for year-end 2000 and 2001

Cash Fl o ws and W o r king Capital. A firm’s balance sheets for year-end 2000 and 2001 contain the following data. What happened to investment in net working capital during

2001? All items are in millions of dollars.

De c . 31, 2000

De c . 31, 2001

Accounts receivable

32

35

Inventories

25

30

Accounts payable

12

25