Question: In the table below is selected financial information from Hodge Co. Compute the Hodge's working capital for Year 2. Cash Short-term investments Accounts receivable, net

 In the table below is selected financial information from Hodge Co.

In the table below is selected financial information from Hodge Co. Compute the Hodge's working capital for Year 2. Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets Accounts payable Not sales Cost of goods sold Year 2 Year 1 $ 39,300 $ 34,050 108,000 69,000 94,500 88,500 130,000 134,000 13,900 11,500 397,000 347,000 104,400 116,800 720,000 685,000 399,000 384,000 Multiple Choice $151,300 $267400 $186,800 $281300 $173,300

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