1. What is the change in net working capital from 2014 to 2015? 2. What is the net capital spending for 2015?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Question Description
Use the table below to answer the questions.
2014
Sales
COGS
Interest
Depreciation
Cash
Accounts receivables
Current liabilities
Inventory
Long-term debt
Net fixed assets
Shareholder's equity
Taxes
$6,318
3.945
303
1,204
672
601
414
1,215
4,780
7,700
4,994
217
1. What is the change in net working capital from 2014 to 2015?
2. What is the net capital spending for 2015?
2015
$7,202
4,460
277
1,196
418
578
463
1,598
4,103
7,330
5.358
317
Transcribed Image Text:Question Description Use the table below to answer the questions. 2014 Sales COGS Interest Depreciation Cash Accounts receivables Current liabilities Inventory Long-term debt Net fixed assets Shareholder's equity Taxes $6,318 3.945 303 1,204 672 601 414 1,215 4,780 7,700 4,994 217 1. What is the change in net working capital from 2014 to 2015? 2. What is the net capital spending for 2015? 2015 $7,202 4,460 277 1,196 418 578 463 1,598 4,103 7,330 5.358 317
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