Pavlak surveyors has beginning current assets of $1,360, beginning current liabilities of $940, ending current assets of $1,720, and ending current liabilities of $1,080. What is the change in net working capital?.

Answers

Answer 1

Net working capital is the difference between a company's current assets and current liabilities.

To calculate the change in net working capital, we need to determine the change in both current assets and current liabilities, and then subtract the change in current liabilities from the change in current assets.

Change in current assets = ending current assets - beginning current assets = $1,720 - $1,360 = $360

Change in current liabilities = ending current liabilities - beginning current liabilities = $1,080 - $940 = $140

Change in net working capital = change in current assets - change in current liabilities = $360 - $140 = $220

So the change in net working capital for Pavlak Surveyors is $220. This means that the company's net working capital increased by $220 over the period in question.

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When a consumer has evaluated alternatives in purchase decision process and selected one, he still must determine from whom he will buy and when to buy

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