Question
What is the change in net working capital during 2018? 2017 2018 Sales $2,900 $3,300 COGS 2,030 2,310 Interest 410 420 Dividends 56 79 Depreciation
2017 | 2018 | |
Sales | $2,900 | $3,300 |
COGS | 2,030 | 2,310 |
Interest | 410 | 420 |
Dividends | 56 | 79 |
Depreciation | 290 | 330 |
Cash | 250 | 150 |
Receivables | 242 | 412 |
Current liabilities | 900 | 1,100 |
Inventory | 1,015 | 900 |
Long-term debt | 3,200 | 3,100 |
Net fixed assets | 6,000 | 5,700 |
Tax rate | 34% | 34% |
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Financial Management Theory and Practice
Authors: Eugene F. Brigham, Michael C. Ehrhardt
16th edition
1337902608, 978-1337902601
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