Question: Data for Research Enterprises follows: 2019 2018 2017 Total Current Assets $ 490,000 $ 320,000 $ 230,000 Total Current Liabilities 235,000 160,000 115,000 Compute the

Data for Research Enterprises follows:


2019

2018

2017

Total Current Assets $ 490,000 $ 320,000 $ 230,000
Total Current Liabilities    235,000    160,000    115,000


Compute the dollar amount of change and the percentage of change in Research Enterprises’s working capital each year during 2019 and 2018. What do the calculated changes indicate? 

 

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