Rousey, inc., had a cash flow to creditors of $16,965 and a cash flow to stockholders of $7,559 over the past year. the company also had net fixed assets of $49,705 at the beginning of the year and $57,130 at the end of the year. additionally, the company had a depreciation expense of $12,252 and an operating cash flow of $51,136.
what was the change in net working capital during the year?

$6,935

Explanation:

Cash flow from assets:

= Cash flow to creditors + Cash flow to shareholders

= $16,965 + $7,559

= $24,524

Cash flow from financial assets = Operating cash flow - Net capital spending - Change in working capital

$24,524 = $51,136 - ($57,130 - $49,705 + $12,252) - Change in working capital

$24,524 = $51,136 - $19,677 - Change in working capital

$24,524 = $31,459 - Change in working capital

Change in working capital = $31,459 - $24,524

                                            = $6,935

Note:

Net capital spending = Net fixed assets at the end - Net fixed assets at the beginning + Depreciation expense

lbc corporation makes and sells a product called product wz. each unit of product wz requires 4.1 hours of direct labor at the rate of $20.00 per direct labor-hour. management would like you to prepare a direct labor budget for june. the company plans to sell 28,000 units of product wz in june. the finished goods inventories o

b or d if i'm correct boi.