The December 31, 2001, balance sheet of Venuss Tennis Shop, Inc., showed current assets of $1,200 and
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The December 31, 2001, balance sheet of Venus’s Tennis Shop, Inc., showed current assets of $1,200 and current liabilities of $720. The December 31, 2002, balance sheet showed current assets of $1,440 and current liabilities of $525. What was the company’s 2002 change in net working capital, or NWC?
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780072553079
6th Edition
Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan
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