Question: E12-15A. (Learning Objective 1: Computing year-to-year changes in working capital) What were the dollar amount of change and the percentage of each change in Wilderness

E12-15A. (Learning Objective 1: Computing year-to-year changes in working capital) What were the dollar amount of change and the percentage of each change in Wilderness Lodge’s working capital during 20X6 and 20X5? Is this trend favorable or unfavorable?

20X6 20X5 20X4 Total current assets....... Total current liabilities........ $280,000 $330,000 $350,000

Which company appears to have the strongest financial position? Explain your reasoning.

20X6 20X5 20X4 Total current assets....... Total current liabilities........ $280,000 $330,000 $350,000 125,000 160,000 170,000

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