Data from Dunshee Corporation's most recent balance sheet appear below: Sales on account in Year 2 amounted to $1,170 and the cost of goods sold was $730. The working capital at the end of Year 2 is:
A)$270
B)$500
C)$770
D)$740

Question

Data from Dunshee Corporation's most recent balance sheet appear below:  Sales on account in Year 2 amounted to $1,170 and the cost of goods sold was $730. The working capital at the end of Year 2 is:
A)$270 
B)$500 
C)$770 
D)$740

Quizplus · Accepted Answer

The Answer of Data from Dunshee Corporation's most recent balance sheet appear below:  Sales on account in Year 2 amounted to $1,170 and the cost of goods sold was $730. The working capital at the end of Year 2 is:
A)$270 
B)$500 
C)$770 
D)$740

Data from Dunshee Corporation's Most Recent Balance Sheet Appear Below