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szehim2009 szehim2009
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10 months ago

Data from Dunshee Corporation's most recent balance sheet appear below:

Year 2Year 1
Current assets:
Cash$ 138$ 108
Accounts receivable, net286306
Inventory114134
Prepaid expenses1818
Total current assets$ 556$ 566
Total current liabilities$ 262$ 260

Sales on account in Year 2 amounted to $1,370 and the cost of goods sold was $850.

The working capital at the end of Year 2 is:



▸ $294

▸ $556

▸ $882

▸ $812
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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whtsi_ep3whtsi_ep3
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10 months ago
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