Question
The EBIT is $25,000, depreciation is $5,000, and taxes are $2,000. Net Working Capital for 2018 is $4,680 and Net Working Capital for 2019 is
The EBIT is $25,000, depreciation is $5,000, and taxes are $2,000. Net Working Capital for 2018 is $4,680 and Net Working Capital for 2019 is $3,100.
9) In reference to the above figures, what is the change in Net Working Capital?
A) $2,080
B) -$2,080
C) -$1,580
D) $1,580
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Financial Management For Decision Makers
Authors: Peter Atrill
7th Edition
129201606X, 978-1292016061
