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laila [671]
3 years ago
11

The 2017 balance sheet of Dream, Inc., showed current assets of $3,175 and current liabilities of $1,645. The 2018 balance sheet

showed current assets of $2,920 and current liabilities of $1,620.
What was the company’s 2018 change in net working capital, or NWC?
Business
1 answer:
Luda [366]3 years ago
4 0

Answer:

($230)

Explanation:

Net working capital = Current assets - Current liabilities

2017 Net working capital

= $3,175 - $1,645

= $1,530

2018 Net working capital

= $2,920 - $1,620

= $1,300

Change in net working capital

= $1,300 - $1,530

= -$230

Therefore the company's 2018 change in net working capital is ($230).

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6 0
3 years ago
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Vlad1618 [11]

Answer:

$965.075

Explanation:

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7 0
3 years ago
If 3,000 is invested at 7% for 6 months,how much simple interest is earned
Shtirlitz [24]
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