The 2020 balance sheet of Dugan, Incorporated, showed current assets of $3,160 and current liabilities of $1,560. The 2021 balance sheet showed current assets of $3,090 and current liabilities of $1,560. 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.)
The 2020 balance sheet of Dugan, Incorporated, showed current assets of $3,160 and current liabilities of $1,560. The 2021 balance sheet showed current assets of $3,090 and current liabilities of $1,560. 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.)
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
Problem 1PS
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