Excerpts from Sydner Corporation's most recent balance sheet appear below: Sales on account in Year 2 amounted to $1,390 and the cost of goods sold was $900. The working capital at the end of Year 2 is:
A)$600
B)$1,000
C)$880
D)$240

Question

Excerpts from Sydner Corporation's most recent balance sheet appear below:  Sales on account in Year 2 amounted to $1,390 and the cost of goods sold was $900. The working capital at the end of Year 2 is:
A)$600 
B)$1,000 
C)$880 
D)$240

Quizplus · Accepted Answer

The Answer of Excerpts from Sydner Corporation's most recent balance sheet appear below:  Sales on account in Year 2 amounted to $1,390 and the cost of goods sold was $900. The working capital at the end of Year 2 is:
A)$600 
B)$1,000 
C)$880 
D)$240

Excerpts from Sydner Corporation's Most Recent Balance Sheet Appear Below