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Canyon Tours showed the following components of working capital last year:

Canyon Tours showed the following components of working capital last year:

Beginning End of Year

Accounts receivable $ 26,800 $24,400

Inventory 13,400 15,300

Accounts payable 15, 900 19,300

a. What was the change in net working capital during the year?

Change in net working capital:

b. If sales were $37,400 and costs were $25, 400, what was cash flow for the years? Ignore taxes

Cash flow:

 
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