The December 31, 2015, balance sheet of Maria’s Tennis Shop, Inc., showed current assets of $1,105 and current liabilities of $9
15. The December 31, 2016, balance sheet showed current assets of $1,320 and current liabilities of $995. What was the company's 2016 change in net working capital, or NWC? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Change in net working capital
The working capital of organization is the difference between the current assets and the current liabilities of the organization. It shows if a company has enough short term assets or asset that can be converted quickly to cash to settle obligations that will arise in the short term.
These types of damages are called “Compensatory damages”.
<span>Willis breached the contract but the breach was not
material. So as a way to compensate for the damages Willis have made, he
offered instead to pay $300 to put the correct faucets and linoleum in the
powder room.</span>
In the product development stage the company will work on things like the positioning and marketing of the new board game. Their goal is to create a need for the game and make people want to buy it.
