What will be the change in net working capital if you observe the following changes in current assets and current liabilities? I.Current assets increase by $170,000.
II)Current liabilities decrease by $60,000.

Question

Quizplus · Accepted Answer

Net working capital is calculated as current assets minus current liabilities. An increase in current assets by $170,000 and a decrease in current liabilities by $60,000 results in a total increase in net working capital of $230,000.

What Will Be the Change in Net Working Capital If