Canyon Tours showed the following components of working capital last year: a. What was the change in

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Canyon Tours showed the following components of working capital last year:

Canyon Tours showed the following components of working capital last


a. What was the change in net working capital during the year?
b. If sales were $36,000 and costs were $24,000, what was cash flow for the year?
Ignore taxes.
Sales..............$36,000.00
Costs.............$24,000.00

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Fundamentals of Corporate Finance

ISBN: 978-0078034640

7th edition

Authors: Richard Brealey, Stewart Myers, Alan Marcus

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