The 2020 balance sheet of Dugan, Incorporated, showed current assets of $2,945 and current liabilities of $1,230. The 2021 balance sheet showed current assets of $3,260 and current liabilities of $1,680. What was the company's 2021 change in net working capital, or NWC? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations.) Change in NWC
The 2020 balance sheet of Dugan, Incorporated, showed current assets of $2,945 and current liabilities of $1,230. The 2021 balance sheet showed current assets of $3,260 and current liabilities of $1,680. What was the company's 2021 change in net working capital, or NWC? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations.) Change in NWC
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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The 2020
Transcribed Image Text:The 2020 balance sheet of Dugan, Incorporated, showed current assets of $2,945 and
current liabilities of $1,230. The 2021 balance sheet showed current assets of $3,260
and current liabilities of $1,680. What was the company's 2021 change in net working
capital, or NWC? (A negative answer should be indicated by a minus sign. Do not
round intermediate calculations.)
Change in NWC
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