The December 31, 2007, balance sheet of Anna's Tennis Shop, Inc., showed current assets of $840 and
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The December 31, 2007, balance sheet of Anna's Tennis Shop, Inc., showed current assets of $840 and current liabilities of $320. The December 31, 2008, balance sheet showed current assets of $910 and current liabilities of $335. What was the company's 2008 change in net working capital, or NWC?
Balance SheetBalance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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Related Book For 
Essentials Of Corporate Finance
ISBN: 9780073405131
6th Edition
Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan
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