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Question 28 Complete points out of Use the following balance sheet to answer the question CFX Construction Co. Balance Sheet FY 2016 Period: 10/01/2012 to
Question 28 Complete points out of Use the following balance sheet to answer the question CFX Construction Co. Balance Sheet FY 2016 Period: 10/01/2012 to 09/30/2013 Assors Current Asses: Cash Billed (Not Received) Reserve Work In Progress $430,000.00 $100,000.00 $7,000.00 $125,000.00 Total Current Assers $662,000.00 Fixed Assers: Vehicles Accumulated Depreciation $125,000.00 580,000.00 545,000.00 Equipment Accumulated Depreciation $2,500,000.00 ($1,110,000.00 $1,390,000.00 Buldings Accumulated Appreciation $350,000.00 $112.000.00 5462,000.00 Total Assets $2,559,000.00 Liabilities and Capital Current Liabile: Accounts Payable Short Term Expenses and OH Payroll Taxes Payable Total Current Liabilities $500,000.00 $140,000.00 $145,000.00 $785,000.00 Long-Term Liabilizes: Mortgage Payable Total Long-Term Liabilities $225,000.00 $225,000.00 Total Liabilities $1,010,000.00 Net Worth $1,549,000.00 What is the firm's working capital? Select one: 2.-$225,000.00 b: 5663.000.00 -5222,000.00 -$123,000.00
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