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Lesmerises Corporation's Most Recent Balance Sheet and Income Statement Appear

Question 136

Multiple Choice

Lesmerises Corporation's most recent balance sheet and income statement appear below: Lesmerises Corporation's most recent balance sheet and income statement appear below: Dividends on common stock during Year 2 totaled $40 thousand. Dividends on preferred stock totaled $10 thousand. The market price of common stock at the end of Year 2 was $2.85 per share. -The working capital at the end of Year 2 is: A) $1,020 thousand B) $280 thousand C) $650 thousand D) $990 thousand Lesmerises Corporation's most recent balance sheet and income statement appear below: Dividends on common stock during Year 2 totaled $40 thousand. Dividends on preferred stock totaled $10 thousand. The market price of common stock at the end of Year 2 was $2.85 per share. -The working capital at the end of Year 2 is: A) $1,020 thousand B) $280 thousand C) $650 thousand D) $990 thousand Dividends on common stock during Year 2 totaled $40 thousand. Dividends on preferred stock totaled $10 thousand. The market price of common stock at the end of Year 2 was $2.85 per share.
-The working capital at the end of Year 2 is:


A) $1,020 thousand
B) $280 thousand
C) $650 thousand
D) $990 thousand

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