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Finance
Rousey, Incorporated, had a cash flow to creditors of $16,740 and a cash flow to stockholders of $7,244 over the past year. The company also had net fixed assets of $49,580 at the beginning of the year and $56,980 at the end of the year. Additionally, the company had a depreciation expense of $12,132 and an operating cash flow of $50,801. What was the change in net working capital during the year?

Rousey, Incorporated, had a cash flow to creditors of $16,740 and a cash flow to stockholders of $7,244 over the past year. The company also had net fixed assets of $49,580 at the beginning of the year and $56,980 at the end of the year. Additionally, the company had a depreciation expense of $12,132 and an operating cash flow of $50,801. What was the change in net working capital during the year?

Managerial Accounting: The Cornerstone of Business Decision-Making
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter14: Statement Of Cash Flows
Section: Chapter Questions
Problem 43E
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Rousey, Incorporated, had a cash flow to creditors of $16,740 and a cash flow to stockholders of $7,244 over the past year. The company also had net fixed assets of $49,580 at the beginning of the year and $56,980 at the end of the year. Additionally, the company had a depreciation expense of $12,132 and an operating cash flow of $50,801. What was the change in net working capital during the year?

 

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