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Help Refer to the following selected financial information from McCormik, LLC. Compute the company's working capital for Year 2. Year 1 33,850 68,000 12 87,500

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Help Refer to the following selected financial information from McCormik, LLC. Compute the company's working capital for Year 2. Year 1 33,850 68,000 12 87,500 Year 2 Cash $ 39, 100 Short-term investments 106,000 Accounts receivable, net 93,500 Merchandise inventory 129,000 Prepaid expenses 13,700 Plant assets 396,000 Accounts payable 105,400 Net sales 719,000 Cost of goods sold 398,000 133,000 11,300 346,000 115,800 684,000 383,000 Multiple Choice O $146.900 hp

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