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Find what was change in net working capital during year

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Reference no: EM132625945

Problem 1: Rousey, Inc., had a cash flow to creditors of $17,280 and a cash flow to stockholders of $8,000 over the past year. The company also had net fixed assets of $49,880 at the beginning of the year and $57,340 at the end of the year. Additionally, the company had a depreciation expense of $12,420 and an operating cash flow of $51,605. What was the change in net working capital during the year?

Reference no: EM132625945

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