The 2010 balance sheet of Greystone, Inc., showed current assets of $3,150 and current liabilities of $1,630. The 2011 balance sheet showed current assets of $3,000 and current liabilities of $1,605.

What was the company’s 2011 change in net working capital, or NWC? (Negative amount should be indicated by a minus sign.)

Net working capital

$

Explanation:

Change in NWC = NWCend – NWCbeg

Change in NWC = (CAend – CLend) – (CAbeg – CLbeg)

Change in NWC = ($3,000 – 1,605) – ($3,150 – 1,630)

Change in NWC = $1,395 – 1,520 = –$125