Working capital investment

The component

+Increase in accounts receivable

+Increase in inventory

-Increase in accounts payable

How about accrued taxes and expense? Do we need to minus the “Incerase in accrued liabilities”? Thanks.

Fom the Practice problem Equity Investments: The component

+Increase in accounts receivable

+Increase in inventory

-Increase in accounts payable

  • accrued taxes and expense (If Given)

Cool. Thanks!