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Given the following Financial Information Answer the following question: QUESTION 17 Given the following Financial Information Answer the following question: Cash Accounts Receivable Inventory Prepaid
Given the following Financial Information Answer the following question:
QUESTION 17 Given the following Financial Information Answer the following question: Cash Accounts Receivable Inventory Prepaid Assets Other Assets Total Current Assets Net PPE Intangibles Total Assets Accounts Payable Salary Payable Notes Payable Total Current Liabilities Long-Term Debt Total Liabilities Common Stock Retained Earnings total equity 2017 2,000 7,000 3,000 5,000 8,000 25,000 20,000 4,000 49,000 2,000 6,000 1,000 9,000 70,000 79,000 70,000 -100,000 30,000 2018 473,000 345,290 127,710 22,000 15,000 2,000 2,026 23,501 65,183 9,126 2018 74.907 7,070 3,030 5,050 8,080 98,137 3,000 4,000 105,137 2,020 6,060 1.000 9,080 70,000 79,080 70,000 -43.943 26,057 Sales COGS Gross Profit SG&A Other Operating Expenses Depreciation Interest Taxes Net Income dividends Calculate the Change in Net Operating Working Capital (NOWC) O $ a. $-73,137.14 O b. $73,057.14 O c. $73,137.14 O d. $-73,057.14Step by Step Solution
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