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The table below contains data on Fincorp incorporated. The balance sheet items correspond to values at year-end 2021 and 2022 , while the income statement
The table below contains data on Fincorp incorporated. The balance sheet items correspond to values at year-end 2021 and 2022 , while the income statement items correspond to revenues or expenses during the year ended 2021 and 2022 . All values are in thousands of dollars. - Taxes are paid in their entirety in the year that the tax obligation is incurred. - Taxes are paid in their entirety in the year that the tax obligation is incurred. What was the change in net working capital during the year? Note: Enter your answer in thousands of dollars
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To calculate the change in Net Working Capital NWC during the year well use the following formula Ne...Get Instant Access to Expert-Tailored Solutions
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