The December 31, 2013, balance sheet of Maria's Tennis Shop, Inc., showed current assets of $1,045 and current liabilities of $960. The December 31, 2014, balance sheet showed current assets of $1,310 and current liabilities of $1,090. (Enter your answer as directed, but do not round intermediate calculations.) Required: What was the company's change in net working capital during 2014? Change in net working capital
The December 31, 2013, balance sheet of Maria's Tennis Shop, Inc., showed current assets of $1,045 and current liabilities of $960. The December 31, 2014, balance sheet showed current assets of $1,310 and current liabilities of $1,090. (Enter your answer as directed, but do not round intermediate calculations.) Required: What was the company's change in net working capital during 2014? Change in net working capital
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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
Transcribed Image Text:The December 31, 2013, balance sheet of Maria's Tennis Shop, Inc., showed current
assets of $1,045 and current liabilities of $960. The December 31, 2014, balance sheet
showed current assets of $1,310 and current liabilities of $1,090. (Enter your answer as
directed, but do not round intermediate calculations.)
Required:
What was the company's change in net working capital during 2014?
Change in net working capital
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