.... E-17/Computing working capital changes Learning Objective 4 Data for Research Enterprises follows: .... 2019 Working Capital $255,000 2019 2018 2017 Total Current Assets $ 490,000 $ 320,000 $ 230,000 Total Current Liabilities 235,000 160,000 115,000 Compute the dollar amount of change and the percentage of change in Research Enterprises's working capital each year during 2019 and 2018. What do the calculated changes indicate?
.... E-17/Computing working capital changes Learning Objective 4 Data for Research Enterprises follows: .... 2019 Working Capital $255,000 2019 2018 2017 Total Current Assets $ 490,000 $ 320,000 $ 230,000 Total Current Liabilities 235,000 160,000 115,000 Compute the dollar amount of change and the percentage of change in Research Enterprises's working capital each year during 2019 and 2018. What do the calculated changes indicate?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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