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QUESTION 2 Grinder Switch Inc. Selected Financial Information Cash 53,000 56,975 Accounts Receivable 645,000 693,375 Other Current Assets 466,000 500,950 Total Current Assets 1,164,000 1,251,300

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QUESTION 2 Grinder Switch Inc. Selected Financial Information Cash 53,000 56,975 Accounts Receivable 645,000 693,375 Other Current Assets 466,000 500,950 Total Current Assets 1,164,000 1,251,300 Accounts Payable 750,000 806,250 Accruals 264,000 283,800 Total Current Liabilities 1,014,000 1,090,050 Calculate the change in net working capital for Grinder Switch Inc. a. $87,300 b. $76,000 c. $11,250 d. $150,000 e. $161,250 Year 1 Year 2

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