Response to the following problem:
Compute year-to-year changes in working capital
What were the dollar amount of change and the percentage of each change in Oak Hill Lodge's working capital during 2014 and 2013? Is this trend favorable or unfavorable?
2014 2013 2012
Total current assets $60,000 $215,000 $250,000
Total current liabilities 25,000 108,000 125,000