Question
What were the dollar and percentage changes in Axel's Pawn Shop's net working capital during 2017 and 2018? Is this trend favorable or unfavorable?
What were the dollar and percentage changes in Axel's Pawn Shop's net working capital during 2017 and 2018? Is this trend favorable or unfavorable? (Click the icon to review data.) What were the dollar and percentage changes in Axel's Pawn Shop's net working capital during 2017 and 2018? Begin by selecting the formula to calculate the dollar and percentage changes in Axel's Pawn Shop's net working capital and then compute the dollar and percentage changes. (Round percentages to one decimal place, X.X%.) Dollar Change 100 % change 2017 2018 = x 1 x 100 = % 1 x 100 = % Is this trend favorable or unfavorable? Although the percentage increase in working capital from 2017 to 2018 was than it was from 2016 to 2017, Data table 2018 2017 2016 Total Current Assets S 240,000 S 290,000 S 260,000 Total Current Liabilities 209,000 262,000 240,000 Print Done - which is a trend.
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