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Edit View History Bookmarks People Window Help 80%." Tue 6:24 PM Al Do Homework- Alexis Alonso Secure https://www.mathxl. spothomeworkdds 4678463588questionld 1&flushed; faise&cld; 4874048&cente; ACG 2071 VIRTUAL COLLEGE (1) Alexis Alonso& 11/23/18 6:24 PM Homework: Chapter 3 Homework Score: 0 of 5 pts E14-11A (similar to 1012(0 complete) HW Score: 0%, 0 of 10 Question Help Compute the dollar amount of change and the percentage of change in Daily News Group's working capital each year during 2013 and 2014. Is this trend favorable or (Click the icon to review total current assets and total current lablies) First caiculate the amount of working capital each year. 2014 2013 Working capital Choose from any list or enter any number in the input fields and then click Check Answer Clear All Check Answer KAPLAN for Chegg Sign in 3 5

Explanation / Answer

Answer

2014

2013

2012

Current Assets

345640

316500

277000

Less: Current Liabilities

195000

182000

152000

Working Capital

150640

134500

125000

2014

2013

2012

Working capital [as calculated above]

150640

134500

125000

Change in working Capital

[150640 – 134500] 16140

[134500 – 125000] 9500

N/A

% change in Working capital

[16140 / 134500] 12.00%

[9500 / 125000] 7.60%

N/A

2014

2013

2012

Current Assets

345640

316500

277000

Less: Current Liabilities

195000

182000

152000

Working Capital

150640

134500

125000

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