Question

At the beginning of the year, a firm has current assets of $316 and current liabilities of $220. at the end of the year, the current assets are $469 and the current liabilities are $260. what is the change in net working capital?

Answer 1

Net working capital is the sum of assets and liabilities.
Beginning of year, 
net working capital = 316-220=$96
At end of year,
net working capital = 469-220=$249
change in networking capital = new capital - old capital
=249-96
=$153