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The 2020 balance sheet of Dugan, Incorporated, showed current assets of $4,500 and current liabilities of $2,920. The 2021 balance sheet showed current assets of
The 2020 balance sheet of Dugan, Incorporated, showed current assets of $4,500 and current liabilities of $2,920. The 2021 balance sheet showed current assets of $3,000 and current liabilities of $1,530. What was the companys 2021 change in net working capital, or NWC? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations. )
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Finance Applications And Theory
Authors: Marcia Millon Cornett, John R. Nofsinger, Troy Adair
3rd International Edition
1259252221, 9781259252228
