What is the change in net working capital during 2018?20172018Sales$2,900$3,300COGS2,0302,310Interest410420Dividends5679Depreciation290330Cash250150Receivables242412Current liabilities9001,100Inventory1,015900Long-term debt3,2003,100Net fixed assets6,0005,700Tax rate34%34%

50.1K

Verified Solution

Question

Accounting

What is the change in net working capital during 2018?



2017
2018
Sales$2,900$3,300
COGS2,0302,310
Interest410420
Dividends5679
Depreciation290330
Cash250150
Receivables242412
Current liabilities9001,100
Inventory1,015900
Long-term debt3,2003,100
Net fixed assets6,0005,700
Tax rate34%34%

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