Question
The December 31, 2009, balance sheet of Annas Tennis Shop, Inc., showed current assets of $1,987 and current liabilities of $1,157. December 31, 2010, the
The December 31, 2009, balance sheet of Annas Tennis Shop, Inc., showed current assets of $1,987 and current liabilities of $1,157. December 31, 2010, the balance sheet showed current assets of $2,272 and current liabilities of $1,328. What was the companys 2010 change in net working capital, or NWC?
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
8th Edition
0077261453, 978-0077261450
