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Q.4. Canyon Tours showed the following components of working capital last year: (06 Marks) Accounts Receivable Inventory Accounts Payable Beginning End of Year $12.000 S11.500
Q.4. Canyon Tours showed the following components of working capital last year: (06 Marks) Accounts Receivable Inventory Accounts Payable Beginning End of Year $12.000 S11.500 6.000 6,250 7.250 8.250 a. What was the change in net working capital during the year? b. If sales were $36,000 and costs were $24,000, what was cash flow for the year? Ignore taxes
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