12.2

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lifa1.lyryx.com/student-servlets/LabServlet?ccid=7845 yryx Spreadsheet Print Preferences Help Lab 12.2 (Question 1) Name: Fiona Murton Cabrera Date: 2020-10-18 Question 1 [5 points] Vision Consulting Inc. had the following balances: Account 2014 2013 $57,500 Accounts receivable ....."."."""; 38,00 $59,200 54.500 nterest receivable 18,500 19,500 Building_.... 150,500 133,000 Accounts payable.......... 83,500 44,500 Short-term notes payable 115,000 53,000 Unearned rent...... 30,000 19,500 Long-term notes payable_..... 153,000 160,500 Consulting revenue earned 74,000 83,500 Office salaries expense 154,000 69,500 Interest expense....... 37,000 25,000 a) Calculate the working capital for 2014 and 2013. Please make sure your final answer(s) are accurate to the nearest whole number. 2014 2013 Working capital ) Is the change in working capital favourable or unfavourable? The change in working capital is (select one) . favourable Official Time: 7:30:16 Infavourable SUBMIT AND MARK SAVE AND CLOSE