7. 7. Calculating additions to NWC [LO 2.4] The 2019 statement of financial position of Wollimbi Shoes

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7. 7.

Calculating additions to NWC [LO 2.4] The 2019 statement of financial position of Wollimbi Shoes Limited showed current assets of

$4 810 and current liabilities of $2 230. The 2020 statement of financial position showed current assets of $5 360 and current liabilities of

$2 970. What was the company’s 2020 change in net working capital or NWC?

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Fundamentals Of Corporate Finance

ISBN: 9781743768051

8th Edition

Authors: Stephen A. Ross, Rowan Trayler, Charles Koh, Gerhard Hambusch, Kristoffer Glover, Randolph W. Westerfield, Bradford D. Jordan

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Question Posted: Oct 03, 2024 01:00 AM

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7. 7. Calculating additions to NWC [LO 2.4] The 2019 statement of financial position of Wollimbi Shoes

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Fundamentals Of Corporate Finance

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