The December 31, 2018, balance sheet of Justin's Golf Shop, Inc., showed current assets of $1,155 and current liabilities of $940. The December 31, 2019, balance sheet showed current assets of $1,370 and current liabilities of $1,045.
What was the company's 2019 change in net working capital, or NWC?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The December 31, 2018, balance sheet of Justin's Golf Shop, Inc., showed current assets of $1,155 and current liabilities of $940. The ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
You are planning to email to two lists. The first list has 5,000 names. The second list has 3,900 names. There are 700 names that appear on both lists. How many total unique names do you have?
Answers (1)
5. A trader executes a spread trade in which it buys 10,000 bushes of cash wheat for $4.30 per bushel and sells two futures contracts at a price of $4.60. After three months, the trader sells the cash corn at a price of $6.
Answers (1)
A person visits the grocery store to buy materials to make and sell fudge door to door. What factors of production are being used? A. All of the factors land labor and capital B. Only land and capital C. Only labor and capital
Answers (1)
According to the 2018 Pricewaterhouse Coopers CEO survey, what percentage of CEOs are planning a new strategic alliance or JV in the next 12 months?
Answers (1)
When cash is deposited in a checkable-deposit account at a bank, there is?
Answers (1)
New Questions in Business
Which term is used to describe the amount of biologically productive land/sea area necessary to support the lifestyle of an individual?
Answers (1)
Which of the following options has drastically reduced the costs of operating and transacting on a global scale? A. Internet B. Social network C. Intranet D. Extranet E. Value network
Answers (1)
In year 1, the Consumer Price Index was 120 and the average nominal income was $30,000. In year 2, the Consumer Price Index was 125 and the average nominal level of income was $32,000. What happened to real income from year 1 to year 2?
Answers (1)
Coral Think Inc. is a new company in the publishing industry. It has raised sufficient capital from multiple sources. It is planning to use its capital to purchase certain assets.
Answers (1)
During July at Loeb Corporation, $83,000 of raw materials were requisitioned from the storeroom for use in production. These raw materials included both direct and indirect materials. The indirect materials totaled $4,000.
Answers (1)