Explore Gina’s story in Accountopia. Then, in a paper, complete the following:
D
Explore Gina’s story in Accountopia. Then, in a paper, complete the following:
Discuss the total current liabilities for Gym Generation.
Calculate Gym Generation’s working capital.
Answer the following questions:
Why is working capital important to financial management?
If Gym Generation were to have an additional $100,000 in liabilities, how would that affect the working capital? How would it affect the company’s day-to-day financial management?
This assignment should be in current APA Style with both a title page and a reference list that includes all of the sources used. At least two scholarly sources should be used to support your position (your textbook can be one of the sources).
