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The Balance Sheet of Binger,Inc What Is the Amount of the Change in Net Working

Question 88

Multiple Choice

The balance sheet of Binger,Inc.has the following balances;  Beginning  balance  Ending  balance  Cash $30,300$32,800 Accounts receivable 48,20051,600 Inventory 126,500129,200 Net fixed assets 611,900574,300 Accounts payable 43,20053,600 Long-term debt 415,000304,200\begin{array} { | l | r | r | } \hline & \begin{array} { r } \text { Beginning } \\\text { balance }\end{array} & \begin{array} { r } \text { Ending } \\\text { balance }\end{array} \\\hline \text { Cash } & \$ 30,300 & \$ 32,800 \\\hline \text { Accounts receivable } & 48,200 & 51,600 \\\hline \text { Inventory } & 126,500 & 129,200 \\\hline \text { Net fixed assets } & 611,900 & 574,300 \\\hline \text { Accounts payable } & 43,200 & 53,600 \\\hline \text { Long-term debt } & 415,000 & 304,200 \\\hline\end{array} What is the amount of the change in net working capital?


A) -$1,800
B) -$7,400
C) $1,800
D) -$8,100
E) $8,100

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