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Canyon Tours showed the following components of working capital last year Accounts receivable Inventory Accounts payable Beginning $24,300 11,300 14,500 End of Year $18,000 14,300
Canyon Tours showed the following components of working capital last year Accounts receivable Inventory Accounts payable Beginning $24,300 11,300 14,500 End of Year $18,000 14,300 16,300 a. What was the change in networking capital during the year? (Use the minus sign to enter negative changes, if any.) ANWC b. If sales were $39,300 and costs were $29.300 what was cash flow for the year? Ignore taxes. (Use the minus sign to enter negative changes, if any.) Cash flow
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