Question
The December 31, 2009, balance sheet of Annas Tennis Shop, Inc., showed current assets of $2,232 and current liabilities of $1,076. The December 31, 2010,
The December 31, 2009, balance sheet of Annas Tennis Shop, Inc., showed current assets of $2,232 and current liabilities of $1,076. The December 31, 2010, balance sheet showed current assets of $1,665 and current liabilities of $1,268. What was the companys 2010 change in net working capital, or NWC?
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Financial Markets And Institutions A Modern Perspective
Authors: Anthony Saunders, Marcia Millon Cornett, Marcia Cornett
2nd Edition
007294109X, 978-0072941098
