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The financial statements for Justin Service Company include the following items: 2025 2024 Cash $43,400 $56,000 Short-term Investments 28,000 18,000 Net Accounts Receivable 102,000
The financial statements for Justin Service Company include the following items: 2025 2024 Cash $43,400 $56,000 Short-term Investments 28,000 18,000 Net Accounts Receivable 102,000 90,000 Merchandise Inventory 166,000 145,000 Total Assets 527,000 543,000 Accounts Payable 273,000 288,000 Salaries Payable 16,000 16,000 Long-term Notes Payable 64,000 65,000 Compute working capital for 2024. A. $5,000 OB. $164,000 C. $50,400 OD. $173,400
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