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Canyon Tours showed the following components of working capital last year: Beginning End of Year Accounts...

Canyon Tours showed the following components of working capital last year: Beginning End of Year Accounts receivable $ 25,600 $ 23,800 Inventory 12,800 14,100 Accounts payable 15,300 18,100 a. What was the change in net working capital during the year? (A negative amount should be indicated by a minus sign.) b. If sales were $36,800 and costs were $24,800, what was cash flow for the year? Ignore taxes.

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jeff jeffy answered 8 months ago
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