Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. the december 31, 2009, balance sheet of annas tenn

The December 31, 2009, balance sheet of Annas Tennis Shop, Inc., showed current assets of...

50.1K

Verified Solution

Question

Finance

The December 31, 2009, balance sheet of Annas Tennis Shop, Inc., showed current assets of $1501 and current liabilities of $1133. The December 31, 2010, balance sheet showed current assets of $1802 and current liabilities of $1032. What was the companys 2010 change in net working capital, or NWC?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Biology
1.2K views

The range of conditions in which an organism can survive to reproduce is known ascompetitionnichePHtolerance

Finance
1.2K views

You are bearish on Telecom and decide to sell short 100 shares at the current market...

Finance
1.2K views

In 200 words describe Home Budgeting vs Business Budgeting

Psychology
1.2K views

What is Les Misérables of New Orleans: Trap Economics and the Asset Stripping Blues, Part 1...

Advance Math
1.2K views

find two power series solutions of 2x^2 y''-xy'+(x+1)y=0 about the center at the point x=0

Physics
1.2K views

Check my wor A biologist is studying plant growth in outer space He wants to...

Basic Math
1.2K views

Translate the sentence into an inequality.Two times the sum of a number and 16 is...

Accounting
1.2K views

The following data were taken from the financial statements of Hunter Inc. for December 31...

Accounting
1.2K views

Summit Company sold merchandise on account to Beartooth Co., $48,000, terms FOB destination, n15. The...

Accounting
1.2K views

Yarmouth Company produces a liquid solvent in two departments: Mixing and Finishing. Accounting records at...

Accounting
1.2K views

In what order should the steps in the financial planning process occur? i. Analyzing the...

Accounting
1.2K views

Big company and Little Company are both owned by Mrs. Smith. Bigand Little file a...