Last year, Lambeth Pizza Corporation reported sales of $102,000 and costs of $43,500 The following information was also reported for the same period Based on this information, what was Lambeth change in net working capital for last year What was the net cash flow Beginning Ending $38,980 59,140 Acc...

AR fell by 6140 and inventory increa ...

Last year, Lambeth Pizza Corporation reported sales of $102,000 and costs of $43,500. The following information was

Question:

Last year, Lambeth Pizza Corporation reported sales of $102,000 and costs of $43,500. The following information was also reported for the same period:

Beginning Ending $38,980 59,140 Accounts receivable $45,120 Inventory Accounts payable 53,500 68,320 75,250

Based on this information, what was Lambeth’ change in net working capital for last year? What was the net cash flow?

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...

Fantastic news! We've Found the answer you've been seeking!