The 2020 balance sheet of Dugan, Incorporated, showed current assets of $3,160 and current liabilities of $1,560. The 2021 balance sheet showed current assets of $3,090 and current liabilities of $1,560. What was the company's 2021 change in net working capital, or NWC? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations.)

The 2020 balance sheet of Dugan, Incorporated, showed current assets of $3,160 and current liabilities of $1,560. The 2021 balance sheet showed current assets of $3,090 and current liabilities of $1,560. What was the company's 2021 change in net working capital, or NWC? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations.)

Financial Accounting

15th Edition

ISBN:9781337272124

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter4: Completing The Accounting Cycle

Section: Chapter Questions

Problem 6PEB: Current assets and current liabilities for Brimstone Company follow: a. Determine the working...

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