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28 November, 17:04

At the beginning of the year, a firm has current assets of $362 and current liabilities of $254. at the end of the year, the current assets were $411 and the current liabilities were $294. what is the change in net working capital?

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  1. 28 November, 17:28
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    Hello!

    Working capital=current assets-current liabilities

    Working capital at the beginning of the year is

    362-254=108

    Working capital at the end of the year is

    411-294=117

    the change in net working capital

    117-108=9 ... answer

    Good luck!
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