Question: Data from Dunshee Corporation's most recent balance sheet appear below: Year 2 Year 1 Current assets: Cash $ 134 $ 104 Accounts receivable, net 278
Data from Dunshee Corporation's most recent balance sheet appear below:
| Year 2 | Year 1 | |||||
| Current assets: | ||||||
| Cash | $ | 134 | $ | 104 | ||
| Accounts receivable, net | 278 | 298 | ||||
| Inventory | 102 | 122 | ||||
| Prepaid expenses | 14 | 14 | ||||
| Total current assets | $ | 528 | $ | 538 | ||
| Total current liabilities | $ | 246 | $ | 240 | ||
Sales on account in Year 2 amounted to $1,270 and the cost of goods sold was $790.
The working capital at the end of Year 2 iS:
-
A) $282
-
B) $528
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C) $826
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D) $776
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