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Data for Research Enterprises follows: (Click the icon to view the data.) Compute the dollar amount of change and the percentage of change in Research
Data for Research Enterprises follows: (Click the icon to view the data.) Compute the dollar amount of change and the percentage of change in Research 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 Research Enterprises' working capital. Working capital = Current assets - Current liabilities 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 2024. (Round the percentage to one decimal place, XX, and do not enter the %. For example, enter 10.5% as 10.5.) The amount of change in working capital is - Data Table Total Current Assets Total Current Liabilities 2025 2024 2023 $ 490,000 $ 320,000 $ 230,000 235,000 160,000 115,000 Print Done
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