74 Chapter 2 Problem 10 Alpha Caf Unclassified Balance Sheets December 31, 20X1 and 20X2 Cash Marketable Securities Accounts Receivable Inventory Prepaid Expenses Equipment Accumulated Depreciation Total Assets 21. Current Liabilities: Accounts Payable Accrued Expenses Dividends Payable Mortgage Payable (current) Mortgage Payable (long-term) Common Stock Treasury Stock Retained Earnings Total Liabilities and Owners' Equity 20X1 $ 15,000 25,000 24,000 20,000 10,000 420,000 (180,000) $334,000 2015 $15,000 10,000 23,000 20,000 150,000 120,000 (20,000) 16,000 $334,000 20X2 $ 30,000 30,000 26,000 Required: 1. Determine the amount of current assets on December 31, 20X1. 2. Determine the amount of current liabilities on December 31, 20X1. 3. Determine the net working capital on December 31, 20X1. 4. Determine the net working capital on December 31, 20X2. 18,000 25,000 555,000 (200,000) $484,000 $13,000 15,000 26,000 25,000 195,000 140,000 (30,000) 100,000 $484,000 5. Determine the dollar and percentage change in net working capital from December 31, 20X1 to December 31, 20X2. $ P L

Alpha Caf Unclassified Balance Sheets necember 31,201 and 202 Required: 1. Determine the amount of current assets on December 31,20X1, 2. Determine the amount of current liabilities on December 31, 20X1, 3. Determine the net working capital on December 31, 201. 4. Determine the net working capital on December 31, 202. 5. Determine the dollar and percentage change in net working capital from December? 201 to December 31, 202