Sandhill Corporation reported current assets of $3,498,000 for the year ending December 31, 2017 and current assets of $3,121,000 on December 31, 2016. Current liabilities for the firm were $2,840,000 and $2,766,000 at the end of 2017 and 2016, respectively. Compute the cash flow invested in net working capital at Sandhill Corporation during 2017. Cash flow invested in net working capital $
Sandhill Corporation reported current assets of $3,498,000 for the year ending December 31, 2017 and current assets of $3,121,000 on December 31, 2016. Current liabilities for the firm were $2,840,000 and $2,766,000 at the end of 2017 and 2016, respectively. Compute the cash flow invested in net working capital at Sandhill Corporation during 2017. Cash flow invested in net working capital $
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter13: Financial Statement Analysis
Section: Chapter Questions
Problem 13.7E
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Sandhill Corporation reported current assets of $3,498,000 for the year ending December 31, 2017 and current assets of $3,121,000 on December 31, 2016. Current liabilities for the firm were $2,840,000 and $2,766,000 at the end of 2017 and 2016, respectively. Compute the cash flow invested in net
| Cash flow invested in net working capital | $ |
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