At the beginning of the year, a firm has current assets of $316 and current liabilities of $220. at the end of the year, the current assets are $469 and the current liabilities are $260. what is the change in net working capital?
Net working capital is the sum of assets and liabilities. Beginning of year, net working capital = 316-220=$96 At end of year, net working capital = 469-220=$249 change in networking capital = new capital - old capital =249-96 =$153
