Data for Research Enterprises follows: Compute the dollar amount of change and the percentage of change in

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Data for Research Enterprises follows:
2019 2018 2017 Total Current Assets $ 320,000 $ 490,000 $ 230,000 Total Current Liabilities 160,000 115,000 235,000

Compute the dollar amount of change and the percentage of change in Research Enterprises's working capital each year during 2019 and 2018. What do the calculated changes indicate?

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Horngrens Financial And Managerial Accounting The Financial Chapters

ISBN: 9780134486840

6th Edition

Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura

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