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From the accounts of Roman Corporation shown below: 31/12/2019 31/12/2020 (RM) (RM) 2,020 2,670 Accumulated Depreciation Accounts Payable 1,800 2,060 2,480 2,690 Accounts Receivable Cash
From the accounts of Roman Corporation shown below: 31/12/2019 31/12/2020 (RM) (RM) 2,020 2,670 Accumulated Depreciation Accounts Payable 1,800 2,060 2,480 2,690 Accounts Receivable Cash 1,300 1,090 Common Stock 4,990 4,990 Inventory 5,800 6,030 Long-Term Debt 7,800 8,200 Plant, Property & Equipment 8,400 9,200 Retained Earnings 1,370 1,090 Required: a. Construct the statement of financial position as at 2019 and 2020. b. Calculate the net working capital for the years ending 2019 and 2020. c. Calculate the change in net working capital for the year 2020
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