Data for Beverage Enterprises follows: Requirement 1. Compute the dollar amount of change and the percentage of

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Data for Beverage Enterprises follows:

2010 2012 2011 $240,000 120,000 Total current assets $ 350,000 175,000 $510,000 s .... Total current liabilities 245,000

Requirement
1. Compute the dollar amount of change and the percentage of change in Beverage Enterprises' working capital each year during 2011 and 2012. What do the calculated changesindicate?

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Financial and Managerial Accounting

ISBN: 978-0132497978

3rd Edition

Authors: Horngren, Harrison, Oliver

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Question Posted: Dec 16, 2011 05:40 AM

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Data for Beverage Enterprises follows: Requirement 1. Compute the dollar amount of change and the percentage of

Question:

2010 2012 2011 $240,000 120,000 Total current assets $ 350,000 175,000 $510,000 s .... Total current liabilities 245,000

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Req 1 2011 The amount of change in working capital is 55000 The percentage of change in workin...View the full answer

Financial and Managerial Accounting

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