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Problem:

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.

Required:

Question: What was the company's change in net working capital during 2014?

Note: Please provide full description.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91149514

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