Answer Happy

In the table below is selected financial information from Honer Co. Compute the Honer's working capital for Year 2 Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets Accounts payable Net sales Cost of goods sold Year 2 Year 1 $ 39,300 $ 34,050 108,000 69,00 94,500 88,500 130.000 134,000 13,900 11,500 397,000 347,000 104,400 116,800 720,000 685,000 399,000 384,000 Multiple Choice $267400
$257,400 $281300 O S151300 $186.800 5173.300