Discover the answers you need at Westonci.ca, where experts provide clear and concise information on various topics. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.
Sagot :
Answer:
at the beginning of the year, a firm has current assets of 315 and current liabilities of 219. At the end of the year, the current assets are 467 and the current liabilities are 259. What is the change in net working capital
Based on the current assets and liabilities at the beginning of the year and the end, the change in net working capital is $152
How did net working capital change?
Net working capital can be found as:
= Current assets - Current liabilities
Beginning of year net working capital:
= 315 - 219
= $96
End of year net working capital:
= 467 - 259
= $248
The change in net working capital is:
= 248 - 96
= $152
Find out more on net working capital at https://brainly.com/question/26214959
#SPJ1
Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.