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compute companys working capital Refer to the following selected financial information from Texas Electronics. Compute the company's working capital for Year 2. begin{tabular}{lrr} & multicolumn{1}{c}{
compute companys working capital Refer to the following selected financial information from Texas Electronics. Compute the company's working capital for Year 2. \begin{tabular}{lrr} & \multicolumn{1}{c}{ Year 2 } & \multicolumn{1}{c}{ Year 1 } \\ \hline Cash & $38,400 & $33,150 \\ Short-term investments & 99,000 & 64,500 \\ Accounts receivable, net & 90,000 & 84,000 \\ Merchandise inventory & 125,500 & 129,500 \\ Prepaid expenses & 13,000 & 10,600 \\ Plant assets & 392,500 & 342,500 \\ Accounts payable & 108,900 & 112,300 \\ Net sales & 715,500 & 680,500 \\ Cost of goods sold & 394,500 & 379,500 \end{tabular} $131,500. $244,000. $167,000. $257,000. $158,000
compute companys working capital
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