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In the table below is selected financial information from Hodge Co. Compute the Hodge's working capital for Year 2. Cash Short-term investments Accounts receivable, net

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In the table below is selected financial information from Hodge Co. Compute the Hodge's working capital for Year 2. Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets Accounts payable Net sales Cost of goods sold Year 2 Year 1 $ 39,300 $ 34,050 108,000 69,000 94,500 88,500 130,000 134,000 13,900 11,500 397,000 347,000 104,400 116,800 720,000 685,000 399,000 384,000 Multiple Choice $281,300. $151,300 O $173,300 $267,400 $166.800 Multiple Choice $281,300. $151,300 O $173,300 $267,400 $166.800

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