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data from dunshee corporation's most recent balance sheet appear below: year 2 year 1 current assets: cash $ 132 $ 102 accounts receivable, net 274 294 inventory 96 116 prepaid expenses 12 12 total current assets $ 514 $ 524 total current liabilities $ 238 $ 230 sales on account in year 2 amounted to $1,220 and the cost of goods sold was $760. the working capital at the end of year 2 is: multiple choice $514 $758 $276 $798

Respuesta :

The working capital at the end of the second year of the assets id $514.

What is working capital?

A financial indicator called working capital measures the operating liquidity that a company, organisation, or other body, including a government entity, has available to it. Working capital is seen as a component of operational capital, along with fixed assets like plant and equipment. Working capital, in a nutshell, is the cash on hand to pay your immediate, short-term obligations. You must estimate your present levels, forecast your future requirements, and think of strategies to ensure that you always have adequate cash on hand if you want to make sure that your working capital serves your demands. For instance, the working capital of a corporation would be 100,000 if its balance sheet showed 300,000 total current assets and 200,000 total current liabilities (assets - liabilities). Let's take a closer look at each of these.

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