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Calypso co. has EBIT $148,000, depreciation expense $49,000, tax $34,000. Company had net fixed asset $980,000 in the beginning of the year and $1,020,000 at
Calypso co. has EBIT $148,000, depreciation expense $49,000, tax $34,000. Company had net fixed asset $980,000 in the beginning of the year and $1,020,000 at the end of the year. What is the change in Net Working Capital if CFFA (cash flow from assets) is $38,000? Select one: a $89,000 b.$6,000 c.$133,000 d. $40,000
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