Question
At the beginning of the year, a firm has current assets of 381 and current liabilities of 291. At the end of the year, the
At the beginning of the year, a firm has current assets of 381 and current liabilities of 291. At the end of the year, the current assets were 405 and the current liabilities were 331. What is the change in net working capital?
-16 24 -24 54 64
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Cornerstones of Financial and Managerial Accounting
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
2nd edition
978-0538473484, 538473487, 978-1111879044
