Question
The December 31, 2009, balance sheet of Annas Tennis Shop, Inc., showed current assets of $2,280 and current liabilities of $1,110. The December 31, 2010,
The December 31, 2009, balance sheet of Annas Tennis Shop, Inc., showed current assets of $2,280 and current liabilities of $1,110. The December 31, 2010, balance sheet showed current assets of $1,602 and current liabilities of $1,370. What was the companys 2010 change in net working capital, or NWC?
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Personal Finance Turning Money Into Wealth
Authors: Arthur Keown
8th Edition
0134730364, 978-0134730363
