Question
The December 31, 2009, balance sheet of Annas Tennis Shop, Inc., showed current assets of $2619 and current liabilities of $1351. The December 31, 2010,
The December 31, 2009, balance sheet of Annas Tennis Shop, Inc., showed current assets of $2619 and current liabilities of $1351. The December 31, 2010, balance sheet showed current assets of $2240 and current liabilities of $1196. What was the companys 2010 change in net working capital, or NWC?
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Financial Markets And Institutions
Authors: Jeff Madura
8th Edition
0324568215, 978-0324568219
