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At the beginning of the year, Salem Company had current assets of $5,800 and current liabilities of $5,200. At the end of the year, the
At the beginning of the year, Salem Company had current assets of $5,800 and current liabilities of $5,200. At the end of the year, the current assets are $6,200 and the current liabilities are $5,900. What is the change in net working capital of the company?
$600 | ||
$300 | ||
-$300 | ||
$550 | ||
-$600 |
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