Compute the dollar amount of change and the percentage of change in Business News Group?s working capital

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Compute the dollar amount of change and the percentage of change in Business News Group?s working capital each year during 2013 and 2014. Is this trend favorable or unfavorable?

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Managerial Accounting

ISBN: 978-0132890540

3rd edition

Authors: Karen W. Braun, Wendy M. Tietz

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Posted Date: Sep 06, 2018 03:12 AM

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Compute the dollar amount of change and the percentage of change in Business News Group?s working capital

Question:

Total current assets Total current liabilities 2013 2012 $379,780 $356,000 $309,000 $188,000 $184,000 $149,000 2014 Total current assets Total current liabilities 2013 2012 $379,780 $356,000 $309,000 $188,000 $184,000 $149,000 2014

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Trend Analysis of Working Capital Working capital It helps to assess whether the shortterm obligatio... View the full answer

Managerial Accounting

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