Question
The December 31, 2009, balance sheet of Annas Tennis Shop, Inc., showed current assets of $2,046 and current liabilities of $1,427. The December 31, 2010,
The December 31, 2009, balance sheet of Annas Tennis Shop, Inc., showed current assets of $2,046 and current liabilities of $1,427. The December 31, 2010, balance sheet showed current assets of $2,664 and current liabilities of $1,149. What was the companys 2010 change in net working capital, or NWC?
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Financial Management Of Health Care Organizations
Authors: William N. Zelman, Michael J. McCue, Alan R. Millikan, Noah D. Glick
2nd Edition
063123098X, 9780631230984
