Question
The December 31, 2009, balance sheet of Annas Tennis Shop, Inc., showed current assets of $2,406 and current liabilities of $1,328. The December 31, 2010,
The December 31, 2009, balance sheet of Annas Tennis Shop, Inc., showed current assets of $2,406 and current liabilities of $1,328. The December 31, 2010, balance sheet showed current assets of $2,417 and current liabilities of $1,112. What was the companys 2010 change in net working capital, or NWC?
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Governing Global Finance
Authors: Michele Fratianni, Paolo Savona
1st Edition
1138742147, 978-1138742147
