Problemat the beginning of the year a firm has current, Ask an Expert

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Problem:

At the beginning of the year, a firm has current assets of $318 and current liabilities of $222. At the end of the year, the current assets are $473 and the current liabilities are $262.

Required:

Question: What is the change in net working capital? Explain in detail and provide step by step solution.

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Category:- Basic Finance
Reference No.:- M91145914

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