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At the Beginning of the Year,a Firm Had Total Assets

Question 97

Multiple Choice

At the beginning of the year,a firm had total assets of $51,400,fixed assets of $32,800,and current liabilities of $13,280.At the end of the year,the current assets are $14,800,the fixed assets are $34,100,and the current liabilities are $14,210.What is the change in net working capital for the year?


A) −$18,930
B) −$6,950
C) $11,470
D) −$4,730
E) $9,110

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