Consider the information below from a firm's balance sheet and calculate the Change in Net Working...

 

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Consider the information below from a firm's balance sheet and calculate the Change in Net Working Capital (NWC). Current Assets 2022 2021 Cash and Equivalents $1,561 $1,800 Short-Term Investments $1,052 $3,010 Accounts Receivable $3,616 $3,129 Inventories $1,816 $1,543 Fixed Assets $ 3,707 $ 2,600 Depreciation $ 1,500 $ 1,250 Current Liabilities Accounts Payable $5,173 $5,111 Notes Payable $ 288 S 277 Long-term Debt $1,401 $1,098 Retained Earnings $1,201 $1,560 Common Stock $1,500 $1,800 Consider the information below from a firm's balance sheet and calculate the Change in Net Working Capital (NWC). Current Assets 2022 2021 Cash and Equivalents $1,561 $1,800 Short-Term Investments $1,052 $3,010 Accounts Receivable $3,616 $3,129 Inventories $1,816 $1,543 Fixed Assets $ 3,707 $ 2,600 Depreciation $ 1,500 $ 1,250 Current Liabilities Accounts Payable $5,173 $5,111 Notes Payable $ 288 S 277 Long-term Debt $1,401 $1,098 Retained Earnings $1,201 $1,560 Common Stock $1,500 $1,800

Answer rating: 100% (QA)

To calculate the change in net working capital NWC we need to determine the ... View the full answer