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Refer to the following selected financial information from Fennie's, LLC. Compute the company's working capital for Year 2. Year 2 Year 1 $37,500 $32,250 Cash

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Refer to the following selected financial information from Fennie's, LLC. Compute the company's working capital for Year 2. Year 2 Year 1 $37,500 $32,250 Cash 90,000 60,000 Short-term investments 85,500 79,500 Accounts receivable, net 121,000 125,000 Merchandise inventory 12,100 9.700 Prepaid expenses 388.000 338.000 Property, plant and equipment Accounts payable 113,400 107.800 711,000 676,000 Net sales 390.000 375.000 Cost of goods sold O a $232.700. b. $220.600. c. $142.700. d. $147.200. BS111.700

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