Answer:
The company's 2014 change in net working capital, or NWC is $135
Step-by-step explanation:
The formula should be used to compute the changes in the net working capital which is shown below:
= (Net Working Capital 2014 - Net working capital 2013)
where,
Net working capital = Current assets - Current liabilities
= (Currents Assets 2014 - Current Liabilities 2014) - (Currents Assets 2013 - Current Liabilities 2013)
= ($1,310 - $1,090) - ( $1,045 - $960)
= $220 - $85
= $135
Hence, the company's 2014 change in net working capital, or NWC is $135