5 The December 31, 2021, balance sheet of Justin's Golf Shop, Incorporated, showed current assets of $1,095 and current liabilities of $910. The December 31, 2022, balance sheet showed current assets of $1,310 and current liabilities of $985. What was the company's 2022 change in net working capital, or NWC? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. 3 ts Change in net working capital eBook Hint Print erences

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter16: Retained Earnings And Earnings Per Share
Section: Chapter Questions
Problem 3MC: Prince Corporations accounts provided the following information at December 31, 2019: What should be...
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The December 31, 2021, balance sheet of Justin's Golf Shop, Incorporated, showed current assets of $1,095 and current liabilities of
$910. The December 31, 2022, balance sheet showed current assets of $1,310 and current liabilities of $985. What was the company's
2022 change in net working capital, or NWC?
Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.
3
ts
Change in net working capital
eBook
Hint
Print
erences
Transcribed Image Text:5 The December 31, 2021, balance sheet of Justin's Golf Shop, Incorporated, showed current assets of $1,095 and current liabilities of $910. The December 31, 2022, balance sheet showed current assets of $1,310 and current liabilities of $985. What was the company's 2022 change in net working capital, or NWC? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. 3 ts Change in net working capital eBook Hint Print erences
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