Question
The December 31, 2021, balance sheet of Justin's Golf Shop, Incorporated, showed current assets of $1,530 and current liabilities of $1,285. The December 31,
The December 31, 2021, balance sheet of Justin's Golf Shop, Incorporated, showed current assets of $1,530 and current liabilities of $1,285. The December 31, 2022, balance sheet showed current assets of $1,745 and current liabilities of $1,320. What was the company's 2022 change in net working capital, or NWC? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. Change in net working capital
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
15th edition
1337671002, 978-1337395250
