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The following information is for Leary Lodge. (Click the icon to view the data.) Requirement 1. What were the dollar amounts of change and the
The following information is for Leary Lodge. (Click the icon to view the data.) Requirement 1. What were the dollar amounts of change and the percentage of each change in Leary Lodge's net working capital during 2018 and 2017? Is this trend favorable or unfavorable? (Use parentheses or a minus sign for a decrease in working capital. Round the percentages to the nearest one-tenth percent, X.X%.) Total current assets $ 2018 385,250 380,000 $ 2017 227,500 140,000 $ 2016 250,000 125,000 Total current liabilities Working capital Dollar change in working capital Percentage change in working capital 1 Data Table The trend of working capital is Total current assets $ 2018 385,250 $ 380,000 2017 227,500 $ 140,000 2016 250,000 125,000 Total current liabilities Print Done]
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