Solved

Refer to the Following Selected Financial Information from Frankle Corp             ~~~~~~~~~~~~

Question 128

Multiple Choice

Refer to the following selected financial information from Frankle Corp.Compute the company's working capital. Clivent Assets             ~~~~~~~~~~~~ 306,450
Plarit assets                ~~~~~~~~~~~~~~~ 338,000
Current Liabilities       ~~~~~~ 107,800
Net sales                     ~~~~~~~~~~~~~~~~~~~~ 676,000
Net Income                 ~~~~~~~~~~~~~~~~ 75,000


A) $536,650.
B) $230,200.
C) $568,200.
D) $198,650.
E) $231,450.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions