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