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Begin by calculating the working capital amount for each year. Next, determine the dollar amount of change in working capital for 20X3 and 20X2, and
Begin by calculating the working capital amount for each year. Next, determine the dollar amount of change in working capital for 20X3 and 20X2, and lastly, determine the percentage change in working capital for 20X3 and 20X2. (Only complete the necessary input fields. Use parentheses or a minus sign for negative values. Round the percentages to the nearest tenth percent, X.X%.) Cascade Mountain Lodge Limited Total current assets.. Total current liabilities.. $ The a "trend" is 20X3 346,000 180,000 $ % 20X2 310,000 177,000 $ Working capital.. Dollar change in working capital. Percentage change in working capital Finally, based on what you have calculated above, determine whether the trend is favourable or unfavourable. trend of working capital in 20X3 is although, because of the previous % 20X1 300,000 160,000 1 c 1 c 10 icon
Begin by calculating the working capital amount for each year. Next, determine the dollar amount of change in working capital for 20X3 and 20X2, and lastly, determine the percentage change in working capital for 20X3 and 20X2. (Only complete the necessary input fields. Use parentheses or a minus sign for negative values. Round the percentages to the nearest tenth percent, X.X%.) Cascade Mountain Lodge Limited Total current assets..... Total current liabilities... Working capital.. Dollar change in working capital.. 1 c 20X3 20X2 20X1 C $ 346,000 $ 310,000 $ 300,000 180,000 177,000 160,000 1 c icon Percentage change in working capital % Finally, based on what you have calculated above, determine whether the trend is favourable or unfavourable. The trend of working capital in 20X3 is a "trend" is although, because of the previous
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