Dieringer Corporation's most recent balance sheet and income statement appear below:
-The working capital at the end of Year 2 is:
A)$970 thousand
B)$570 thousand
C)$280 thousand
D)$810 thousand

Name: Dieringer Corporation's most recent balance sheet and income statement appear below: -The working capital at the end of Year 2 is: A)$970 thousand B)$570 thousand C)$280 thousand D)$810 thousand
Brand: Quizplus
Rating: 4.7 (39 reviews)

Question

Dieringer Corporation's most recent balance sheet and income statement appear below:  
-The working capital at the end of Year 2 is:
A)$970 thousand 
B)$570 thousand 
C)$280 thousand 
D)$810 thousand

Quizplus · Accepted Answer

Working capital = Current assets - Current liabilities = $570 - $290 = $280 thousand

Dieringer Corporation's Most Recent Balance Sheet and Income Statement Appear