Reference no: EM132955056
Question - Murphy's Outlet has the following balance sheets:
2016 2017
Assets Cash $214 $187
Accounts receivable 1,306 1,259
Inventory 1,847 2,048
Net fixed assets 3,511 3,287
Total assets $6,878 $6,781
Liabilities and Equity Accounts payable $1,414 $1,632
Other current liabilities 624 598
Long-term debt 1,320 1,264
Stockholders' equity 3,520 3,287
Total liabilities and equity $6,878 $6,781
Required - What is the change in net working capital?
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