Question: Data for Beverage Enterprises follows: Requirement 1. Compute the dollar amount of change and the percentage of change in Beverage Enterprises' working capital each year

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?

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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