Question
The December 31, 2015, balance sheet of Marias Tennis Shop, Inc., showed current assets of $1,175 and current liabilities of $950. The December 31, 2016,
The December 31, 2015, balance sheet of Marias Tennis Shop, Inc., showed current assets of $1,175 and current liabilities of $950. The December 31, 2016, balance sheet showed current assets of $1,390 and current liabilities of $1,065. What was the company's 2016 change in net working capital, or NWC?
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Basic Finance An Introduction To Financial Institutions Investments And Management
Authors: Herbert B. Mayo, Michael J Lavelle
13th Edition
0357714741, 978-0357714744
