Net working capital = total current assets - total current liabilities
Net working capital for 2015 = 1,205 -965 = 240
Net working capital in 2015 = $240
Net working capital for 2016 = 1,420-1,095 = 325
Net working capital in 2016 = $325
Change in working capital for 2016 = Net working capital in 2016 - Net working capital in 2015
Change in working capital for 2016 = 325 -240 = 85
Change in working capital for 2016 = $85
Answer:
The correct answer to the following question is $437,500.
Explanation:
In their books Higgins Repair service should record the value of the land as $437,500, no matter offer the made and they offer receive for selling the land. They made a deal with seller on April 15 , to buy the land for $437,500 and as per the cost concept or principle in accounting , an asset should be recorded in the books of account at the amount paid for acquiring it and this amount would not change in situations of inflation or change in market value.
Answer:
I expect the answer in the following form
Explanation:
Irish lions play with Japan to get better and learn new things