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Using the balance sheet data below, the change in working capital at the end of 2017 was largely due to 2016 13,000 313,000 $ S
Using the balance sheet data below, the change in working capital at the end of 2017 was largely due to 2016 13,000 313,000 $ S S S S Assets Cash Accounts Receivable Inventory Total Current Assets Fixed Assets Accumulated Depreciation Net Fixed Assets Other Assets/Goodwill Total Assets $ 2017 10,000 $ 322,000 $ 365,000 $ 697,000 $ 386,000 (79.000) $ 307,000 $ 75,000 $ 1,079,000 $ 2017 2016 185.000 $ 174.000 13,000 $ 41,000 60.000 $ 88.000 258,000 $ 303,000 701,000 $ 630,000 959,000 $ 933,000 Liabilities & Equity Accounts Payable Operating Accruals Short-Term Debt (N/P) Total Current Liabilities Long-Term Debt Total Liabilities Stockholders' Equity Total Stockholders' Equity Total Liabilities & Equity s S $ s s 364.000 690,000 345,000 (58,000) 287.000 60.000 1,037,000 s s S S s 120,000 $ 1,079,000 $ 104.000 1,037,000 S the purchase of new fixed assets. the increase in retained earnings. the increase in long-term debt. the decrease in short-term debt
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