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What is enima-ems change in operating working capital

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Reference no: EM132483536

Enima-Em has the following financial information:

Net Income$ 70,000

Taxable Income (EBT)$100,000

Interest Expense$ 20,000

Depreciation Expense$ 15,000Tax

Expense$ 30,000

Increase in Current Assets$ 20,000

Increase in A/P Accruals$ 10,000

DECREASE in Gross Fixed Assets$100,000

  • No changes were made in interest payables or taxes payable.

Question 1: Based on this information what is Enima-Em's change in operating working capital?

Reference no: EM132483536

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