Canyon Tours showed the following components of working capital last year: Beginning of Year End ofYear Accounts receivable $ 24,800 $ 23,400 Inventory 12,400 13,300 Accounts payable 14,900 17,300 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 $36,400 and costs were $24,400, what was cash flow for the year? Ignore taxes.

Canyon Tours showed the following components of working capital last year: Beginning of Year End of Year Accounts receivable $ 24,800 $ 23,400 Inventory 12,400 13,300 Accounts payable 14,900 17,300 a....

Canyon Tours showed the following components of working capital last year:

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 $36,400 and costs were $24,400, what was cash flow for the year? Ignore taxes.

Jun 07, 2022