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The financial statements of Carrier Office Furniture Company include the following items: 2025 2024 Cash $44,500 $45,000 Short-term Investments 26,000 14,000 Net Accounts Receivable 102,000 96,000 Merchandise Inventory Total Assets 160,000 152,000 530,000 547,000 Total Current Liabilities 270,000 287,000 Long-term Note Payable 57,000 52.000 What is working capital for 2025?

The financial statements of Carrier Office Furniture Company include the following items: 2025 2024 Cash $44,500 $45,000 Short-term Investments 26,000 14,000 Net Accounts Receivable 102,000 96,000 Merchandise Inventory Total Assets 160,000 152,000 530,000 547,000 Total Current Liabilities 270,000 287,000 Long-term Note Payable 57,000 52.000 What is working capital for 2025?

Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
Section: Chapter Questions
Problem 9.4.18P: Twenty metrics of liquidity, solvency, and profitability The comparative financial statements of...
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The financial statements of Carrier Office Furniture Company include the following items: 2025 2024 Cash $45,000 $44,500 26,000 14.000 Short-term Investments Net Accounts Receivable 102,000 96,000 160,000 152,000 Merchandise Inventory Total Assets 530,000 547,000 Total Current Liabilities 270,000 287,000 Long-term Note Payable 57,000 52,000 What is working capital for 2025? OA. $97,500 OB. $203,000 OC. $62,500 OD. $35,500
Transcribed Image Text:The financial statements of Carrier Office Furniture Company include the following items: 2025 2024 Cash $45,000 $44,500 26,000 14.000 Short-term Investments Net Accounts Receivable 102,000 96,000 160,000 152,000 Merchandise Inventory Total Assets 530,000 547,000 Total Current Liabilities 270,000 287,000 Long-term Note Payable 57,000 52,000 What is working capital for 2025? OA. $97,500 OB. $203,000 OC. $62,500 OD. $35,500
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