Excerpts from Deandrade Corporation's most recent balance sheet appear below: Sales on account in Year 2 amounted to $1,360 and the cost of goods sold was $830.
-The working capital at the end of Year 2 is:
A) $400
B) $70
C) $750
D) $700

Question

Excerpts from Deandrade Corporation's most recent balance sheet appear below:  Sales on account in Year 2 amounted to $1,360 and the cost of goods sold was $830.
-The working capital at the end of Year 2 is:
A) $400 
B) $70 
C) $750 
D) $700

Quizplus · Accepted Answer

The Answer of Excerpts from Deandrade Corporation's most recent balance sheet appear below:  Sales on account in Year 2 amounted to $1,360 and the cost of goods sold was $830.
-The working capital at the end of Year 2 is:
A) $400 
B) $70 
C) $750 
D) $700

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