Excerpts from Sydner Corporation's most recent balance sheet appear below: Sales on account in Year 2 amounted to $1,590 and the cost of goods sold was $1,020.The working capital at the end of Year 2 is:
A) $672
B) $1,136
C) $960
D) $280

Question

Excerpts from Sydner Corporation's most recent balance sheet appear below:  Sales on account in Year 2 amounted to $1,590 and the cost of goods sold was $1,020.The working capital at the end of Year 2 is:
A) $672 
B) $1,136 
C) $960 
D) $280

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 $1,590 and the cost of goods sold was $1,020.The working capital at the end of Year 2 is:
A) $672 
B) $1,136 
C) $960 
D) $280

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