You are given the following balance sheets.
What is the change in the net working capital from 2016 to 2017?
Definitions:
Creative Destruction
A process where new innovations cause the demise of older industries or technologies, leading to economic growth and development.
Economic Recession
A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.
Automobile Production
is the series of processes involved in manufacturing automobiles, including assembly, painting, and quality control, among others.
Allocative Efficiency
Allocative efficiency occurs when resources are distributed in a way that maximizes the net benefit to society, matching consumer preferences with production.
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