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Tanyer Inc Selected Financial Information Year 1 Year 2 Cash 20,000 22,000 Accounts Receivable 275,000 302,500 Other Current Assets 212,500 233,750 Total Current Assets 507,500
Tanyer Inc Selected Financial Information Year 1 Year 2 Cash 20,000 22,000 Accounts Receivable 275,000 302,500 Other Current Assets 212,500 233,750 Total Current Assets 507,500 558,250 Accounts Payable 262,500 288,750 Accruals 87,500 96,250 Total Current Liabilities 350,000 385,000 Calculate the change in net working capital for Tanyer Inc. Hint : 10.2
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