Question
The 2014 balance sheet of Steelo, Inc., showed current assets of $3,195 and current liabilities of $1,450. The 2015 balance sheet showed current assets of
| The 2014 balance sheet of Steelo, Inc., showed current assets of $3,195 and current liabilities of $1,450. The 2015 balance sheet showed current assets of $3,340 and current liabilities of $1,740. |
| What was the companys 2015 change in net working capital, or NWC? (Do not round intermediate calculations. Negative amount should be indicated by a minus sign.) |
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Supply Chain Finance Solutions
Authors: Erik Hofmann, Oliver Belin
1st Edition
3642175651, 978-3642175657
