Answer:
E $21,903
Explanation:
Formula:
Net working capital: Current assets - Current liabilities
At the beginning of the year the net working capital was:
Net working capital: Current assets - Current liabilities
Net working capital: 121,306 - 124,509
Net working capital: -3,203
At the end of the year the net working capital was:
Net working capital: Current assets - Current liabilities
Net working capital: 122,418 - 103,718
Net working capital: 18,700
The difference between the beginning and final net working capital was:
Difference: Final NWC - Inicial NWC
Difference: 18,700 - (-3,203)
Difference: 18700 + 3,203
Difference: 21,903
