The 2011 statement of financial position of Owosso Inc. showed current assets of $2,100 and current liabilities
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The 2011 statement of financial position of Owosso Inc. showed current assets of $2,100 and current liabilities of $1,380. The 2012 statement of financial position showed current assets of $2,250 and current liabilities of $1,710. What was the company’s 2012 change in net working capital or NWC?
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Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0071051606
8th Canadian Edition
Authors: Stephen A. Ross, Randolph W. Westerfield
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