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

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Cash Flows. Canyon Tours showed the following components of working capital last year: image text in transcribed

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.

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Study Guide To Accompany Fundamentals Of Corporate Finance

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Authors: Richard Brealey, Stewart Myers, Alan Marcus

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Question Posted: Jun 05, 2024 02:03 AM

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

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Beginning End of Year Accounts receivable $24,000 $22,500 Inventory 12,000 13,000 Accounts payable 14,500 16,500

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Study Guide To Accompany Fundamentals Of Corporate Finance

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