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Refer to the following selected financial information from McCormik, LLC. Compute the company's working capital for Year 2. Year 2 Year 1 Cash Short-term investments
Refer to the following selected financial information from McCormik, LLC. Compute the company's working capital for Year 2. Year 2 Year 1 Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid e Plant assets Accounts payable Net sales Cost of goods sold 37,800 93,000 87,000 122,500 12,400 389,500 111,900 712,500 391,500 $32,550 61,500 81,000 126,500 10,000 339,500 109,300 677,500 376,500 O $240,800. O $228,400 O $153,800. O $147,800. o $118,300
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