Alpha Geek

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Category > Business & Finance Posted 07 May 2017 My Price 5.00

Canyon Tours showed the following components

Canyon Tours showed the following components of working capital last year: Beginning End of Year Accounts receivable $27,800 $24,900 Inventory 13,900 16,300 Accounts payable 16,400 20,300 -------------------------------------------------------------------------------- a. What was the change in net working capital during the year? (Negative amount should be indicated by a minus sign.) Change in net working capital $ b. If sales were $37,900 and costs were $25,900, what was cash flow for the year? Ignore taxes. Cash flow $

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Alpha Geek
(8)
Status NEW Posted 07 May 2017 09:05 AM My Price 5.00

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file 1494149537-Answer.docx preview (161 words )
C-----------any-----------on -----------Tou-----------rs -----------sho-----------wed----------- th-----------e f-----------oll-----------owi-----------ng -----------com-----------pon-----------ent-----------s o-----------f w-----------ork-----------ing----------- ca-----------pit-----------al -----------las-----------t y-----------ear-----------: B-----------egi-----------nni-----------ng -----------End----------- of----------- Ye-----------ar -----------Acc-----------oun-----------ts -----------rec-----------eiv-----------abl-----------e $-----------27,-----------800----------- $2-----------4,9-----------00 -----------Inv-----------ent-----------ory----------- 13-----------,90-----------0 1-----------6,3-----------00 -----------Acc-----------oun-----------ts -----------pay-----------abl-----------e 1-----------6,4-----------00 -----------20,-----------300----------- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- W-----------hat----------- wa-----------s t-----------he -----------cha-----------nge----------- in----------- ne-----------t w-----------ork-----------ing----------- ca-----------pit-----------al -----------dur-----------ing----------- th-----------e y-----------ear-----------? (-----------Neg-----------ati-----------ve -----------amo-----------unt----------- sh-----------oul-----------d b-----------e i-----------ndi-----------cat-----------ed -----------by -----------a m-----------inu-----------s s-----------ign-----------.) -----------Cha-----------nge----------- in----------- ne-----------t w-----------ork-----------ing----------- ca-----------pit-----------al -----------$ b-----------. I-----------f s-----------ale-----------s
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