Answered: Calculate the change in Working Capital…

Calculate the change in Working Capital given the following: 2021 2020 A/R 370 A/P 175 A/R 295 A/P 155 INV 290 W/P 185 INV 255 W/P 135 W/C 2021 W/C 2020 Change in Working Capital =

Fundamentals Of Financial Management, Concise Edition (mindtap Course List)

10th Edition

ISBN:9781337902571

Author:Eugene F. Brigham, Joel F. Houston

Publisher:Eugene F. Brigham, Joel F. Houston

Chapter16: Financial Planning And Forecasting

Section: Chapter Questions

Problem 2P: AFN EQUATION Refer to Problem 16-1. What additional funds would be needed if the companys year-end...

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Question

Calculate the change in Working Capital given the following:

2021 2020

A/R 370 A/P 175 A/R 295 A/P 155

INV 290 W/P 185 INV 255 W/P 135

W/C 2021 W/C 2020

Change in Working Capital =

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