Question
The 2019 statement of financial position of Air Cushion Inc. showed current assets of $3,180 and current liabilities of $1,800. The 2020 statement of financial
The 2019 statement of financial position of Air Cushion Inc. showed current assets of $3,180 and current liabilities of $1,800. The 2020 statement of financial position showed current assets of $4,250 and current liabilities of $1900. What was the company's 2020 increase in net working capital (NWC)?
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Restaurant Financial Management
Authors: Hyung-il Jung
1st Edition
1774631431, 978-1774631430
