The 2017 statement of financial position of Owosso Inc. showed current assets of $3,120 and current liabilities

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The 2017 statement of financial position of Owosso Inc. showed current assets of $3,120 and current liabilities of $1,570. The 2018 statement of financial position showed current assets of $3,460 and current liabilities of $1,980. What was the company’s 2018 change in net working capital or NWC?

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Fundamentals Of Corporate Finance

ISBN: 9781259654756

10th Canadian Edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan, Gordon Roberts, J. Ari Pandes, Thomas Holloway

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