### What was the change in net working capital during last year

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Question - You are given the following information for last year for Four Corners, Inc. (FCI).

Sales \$200,000

Increase in net fixed assets \$15,000

SG&A Expenses \$15,000

Cost of goods sold \$90,000

Interest expense \$9,000

Depreciation expense \$8,000

Taxes \$20,000

New equity raised \$8,000

Net increase (or decrease) in long-term debt (\$2,500)

Dividends \$15,000

What was the change in net working capital during last year?

A. \$ 42,500

B. \$ 24,500

C. \$ 29,100

D. \$ 38,100

E. \$ 33,500

F. \$ 47,100

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