Question: The table below summarizes the information obtained from a firm's balance sheets for the fiscal year end ( FYa ) 2 0 5 0 and
The table below summarizes the information obtained from a firm's balance sheets for the fiscal year end FYa and FYE :
tablein Smain SminAssets:Current assets,Noncurrent assets,Liabilities & equity:,,Current liabilities,Longterm debt,
Answer questions a and b below.
a Calculate the change in net working capital during FY
Answer show the stepscalculation toward your results:
b Determine the change in shareholders' equity during FY
Answer show the stepscalculation toward your results:
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