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The financial statements of Carrier Office Furniture Company include the following items: 2019 2018 Cash $49,500 $48,000 Short-term Investments 28,000 19,000 Net Accounts Receivable 95,000
The financial statements of Carrier Office Furniture Company include the following items: 2019 2018 Cash $49,500 $48,000 Short-term Investments 28,000 19,000 Net Accounts Receivable 95,000 103,000 Merchandise Inventory 164,000 144,000 Total Assets 534,000 548,000 Total Current Liabilities 270,000 288,000 Long-term Note Payable 60,000 51,000 What is working capital for 2019? O A. $204,000 B. $38,500 C. $66,500 D. $97,500
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