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Data for Media Enterprises follows: EB(Click the icon to view the data.) Compute the dollar amount of change and the percentage of change in Media

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Data for Media Enterprises follows: EB(Click the icon to view the data.) Compute the dollar amount of change and the percentage of change in Media Enterprises's working capital each year during 2019 and 2018. 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 Media Enterprises' working capital Working capital Dollar amount of change Later period amount- Earlier period amount Percentage of change (Dollar amount of change / Base period amount) x 100 First, calculate the amount and percentage of change in working capital in 2018. (Round the percentage to one decimal place, XXI.) The amount of change in working capital is Current assets Current liabilities The percentage of change in working capital is Data Table 2019 2018 2017 Total Current Assets 410,000 $ 330,000 260,000 Total Current Liabilities 95,000 165,000 130,000 Print Done

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