The December 31, 2007, balance sheet of Anna’s Tennis Shop, Inc., showed current assets of $840 and current liabilities of $320. The December 31, 2008, balance sheet showed current assets of $910 and current liabilities of $335. What was the company’s 2008 change in net working capital, or NWC?

Answer rating: 100% (QA)

Net working capital is computed as Current ... View the full answer