Last year, Ripa Pizza Corporation reported sales of $61,800 and costs of $26,300. The following information was

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Last year, Ripa Pizza Corporation reported sales of $61,800 and costs of $26,300. The following information was also reported for the same period:

Accounts receivable Inventory Accounts payable Beginning $41,620 54,810 69,300 Ending $38,240 57,390 71,600

Based on this information, what was Ripa Pizza’s change in net working capital for last year? What was the net cash flow?

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Fundamentals Of Corporate Finance

ISBN: 9780072553079

6th Edition

Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan

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