Refer to the following selected financial information from Frankle Corp. Compute the company's working capital. $$\begin{array} { | l | r | }
\hline & \
\hline \text { Current Assets } & 306,450 \
\hline \text { Plant assets } & 338,000 \
\hline \text { Current Liabilities } & 107,800 \
\hline \text { Net sales } & 676,000 \
\hline \text { Net Income } & 75,000 \
\hline
\end{array}$$
A) $536,650.
B) $230,200.
C) $568,200.
D) $198,650.
E) $231,450.

Question

Refer to the following selected financial information from Frankle Corp. Compute the company's working capital. $$\begin{array} { | l | r | } 
\hline & \
\hline \text { Current Assets } & 306,450 \
\hline \text { Plant assets } & 338,000 \
\hline \text { Current Liabilities } & 107,800 \
\hline \text { Net sales } & 676,000 \
\hline \text { Net Income } & 75,000 \
\hline
\end{array}$$
A) $536,650.
B) $230,200.
C) $568,200.
D) $198,650.
E) $231,450.

Quizplus · Accepted Answer

The Answer of Refer to the following selected financial information from Frankle Corp. Compute the company's working capital. $$\begin{array} { | l | r | } 
\hline & \
\hline \text { Current Assets } & 306,450 \
\hline \text { Plant assets } & 338,000 \
\hline \text { Current Liabilities } & 107,800 \
\hline \text { Net sales } & 676,000 \
\hline \text { Net Income } & 75,000 \
\hline
\end{array}$$
A) $536,650.
B) $230,200.
C) $568,200.
D) $198,650.
E) $231,450.

Refer to the Following Selected Financial Information from Frankle Corp