Question
2017 2018 Sales $2,900 $3,300 COGS 2,030 2,310 Interest 410 420 Dividends 56 79 Depreciation 290 330 Cash 252 152 Receivables 245 414 Current liabilities
| 2017 | 2018 |
Sales | $2,900 | $3,300 |
COGS | 2,030 | 2,310 |
Interest | 410 | 420 |
Dividends | 56 | 79 |
Depreciation | 290 | 330 |
Cash | 252 | 152 |
Receivables | 245 | 414 |
Current liabilities | 908 | 1,105 |
Inventory | 1,017 | 902 |
Long-term debt | 3,200 | 3,100 |
Net fixed assets | 6,000 | 5,700 |
Tax rate | 34% | 34% |
What is the change in net working capital during 2018? Show calculations in detail
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Cost Management A Strategic Emphasis
Authors: Edward Blocher, Kung Chen, Thomas Lin
1st Edition
0070059160, 978-0070059160
