Compute the dollar amount of change and the percentage of change in Gambol News Group's working capital

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Compute the dollar amount of change and the percentage of change in Gambol News Group's working capital each year during 2016 and 2017. Is this trend favorable or unfavorable?

2017 2016 2015 $275,640 Total current assets $254,000 $214,500 Total current liabilities $195,000 $182,000 $152,000

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Managerial Accounting

ISBN: 978-0134128528

5th edition

Authors: Karen W. Braun, Wendy M. Tietz

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Question Posted: Oct 25, 2017 10:15 AM

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Compute the dollar amount of change and the percentage of change in Gambol News Group's working capital

Question:

2017 2016 2015 $275,640 Total current assets $254,000 $214,500 Total current liabilities $195,000 $182,000 $152,000

Step by Step Answer:

2017 2016 2015 Total current assets 275640 254000 ...View the full answer

Managerial Accounting

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