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Data for Marketing Enterprises follows: (Click the icon to view the data.) Compute the dollar amount of change and the percentage of change in Marketing
Data for Marketing Enterprises follows: (Click the icon to view the data.) Compute the dollar amount of change and the percentage of change in Marketing Enterprises' working capital each year during 2025 and 2024. What do the calculated changes indicate? Begin by selecting the formula to compute the working capital, the dollar amount of change and the percentage of change in Marketing Enterprises' working capital. Working capital = Dollar amount of change = Percentage of change = Current assets - Current liabilities Later period amount - Earlier period amount (Dollar amount of change + Base period amount) 100 First, calculate the amount and percentage of change in working capital in 2024. (Round the percentage to one decimal place, X.X, and do not enter the %. For example, enter 10.5% as 10.5.) The amount of change in working capital is Data table 2025 2024 2023 Total Current Assets Total Current Liabilities $ 450,000 $ 350,000 $ 300,000 215,000 175,000 150,000 Print Done
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