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Jones and Co.'s current assets and current liabilities in 2019 were $100 million and $40 million, respectively. The prior year, 2018, Jones and Co. reported
Jones and Co.'s current assets and current liabilities in 2019 were $100 million and $40 million, respectively. The prior year, 2018, Jones and Co. reported current assets and current liabilities of $80 million and $30 million, respectively. What is Jones and Co.'s Change in Net Working Capital over this period?
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ANSWER Jones and Cos change in net working capital over the period can be calculated as ...
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Financial Reporting and Analysis
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
7th edition
1259722651, 978-1259722653
