At the beginning of the year, a firm has current assets of $320 and current liabilities of $224. At the end of the year, the current assets are $477 and the current liabilities are $264. What is the change in net working capital? Mutple Choice -$117 0 SO

At the beginning of the year, a firm has current assets of $320 and current liabilities of $224. At the end of the year, the current assets are $477 and the current liabilities are $264. What is the change in net working capital? Mutple Choice -$117 0 SO

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Poctoring Enabled Exam
8
At the beginning of the year, a firm has current assets of $320 and current liabilities of $224. At the end of the year, the current
assets are $477 and the current liabilities are $264. What is the change in net working capital?
Multiple Choice
2
-$117

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