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Hi, i need the complete answer for all the requierments. Please read the question carefully and answer it completely please. Thanks. Homework: Assignment 11A Save
Hi, i need the complete answer for all the requierments. Please read the question carefully and answer it completely please. Thanks.
Homework: Assignment 11A Save Score: 0 of 5 pts 1 of 5 (0 complete) HW Score: 0%, 0 of 30 pts E11-13 (similar to) A Question Help Using the given balance sheet data, what were the dollar amount of change and the percentage of each change in Fossil Mountain Lodge Limited's working capital during 2017 and 2016? Is this trend favourable or unfavourable? (Click the icon to view the data.) Begin by calculating the working capital amount for each year. Next, determine the dollar amount of change in working capital for 2017 and 2016, and lastly, determine the percentage change in working capital for 2017 and 2016. (Use parentheses or a minus sign for a decrease in working capital. Enter the percentage change amounts to one decimal place, X.X%.) Fossil Mountain Lodge Limited 2017 2016 2015 Total current assets 316,000 $ 280,000 $ 270,000 Total current liabilities 165,000 162,000 145,000 Working capital Total current liabilities 165,000 162 Data Table - Working capital Fossil Mountain Lodge Limited 2017 2016 2015 Total current assets 316,000 $ 280,000 $ 270,000 Total current liabilities 165,000 162,000 145,000 Print DoneStep by Step Solution
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