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Excerpts from Colter Corporation's Most Recent Balance Sheet Appear Below

Question 116

Multiple Choice

Excerpts from Colter Corporation's most recent balance sheet appear below: Excerpts from Colter Corporation's most recent balance sheet appear below: Sales on account in Year 2 amounted to $1,560 and the cost of goods sold was $930.The working capital at the end of Year 2 is: A) $498 B) $966 C) $656 D) $122 Sales on account in Year 2 amounted to $1,560 and the cost of goods sold was $930.The working capital at the end of Year 2 is:


A) $498
B) $966
C) $656
D) $122

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