What were the dollar and percentage changes in Susan\'s Gift Shop\'s net working

Question

What were the dollar and percentage changes in Susan's Gift Shop's net working capital during 2015 and 2016? is this trend favorable or unfavorable? EB (Cick the ioon to review data) What were the dollar and percentage changes in Susan's Gift Shop's net working capital during 2015 and 2016? Begin by selecting the formula to calculate the dollar and percentage changes in Susan's Gift Shop's net working capital and then compute the dollar and percentage changes (Round percentages to one deoin place, XX%.) Dollar Change / Year 1 amount x 100 2015 s 25,000 ,??380000?] x 100 %change 6.6 ?% Data Table 2016 2014 Total Current Assets 410,000 300,000 $ 240,000 lal Current Liablitios332,000 30,000 190,000 Print Done

Explanation / Answer

Net working capital= Current assests-current liabilites
2014:=240000-190000=50000
2015:=380000-305000=75000
2016:=410000-332000=78000

2015:
dollar chnage=75000-50000=25000
Year 1 amount=50000
% change=(25000/50000)*100=50%

2016:
dollar chnage=78000-75000=3000
Year 1 amount=75000
% change=(3000/75000)*100=4%

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