The financial statements of Carrier Office Furniture Company include the following items: Cash Short-term Investments Net Accounts Receivable Merchandise Inventory Building (net) Total Current Liabilities Long-term Note Payable What is working capital for 2025? $97,500 $203,000 $62,500 $36,500 2025 $44,500 26,000 102,000 160,000 530,000 270,000 57,000 2024 $45,000 14,000 96,000 152,000 547,000 287,000 52,000
The financial statements of Carrier Office Furniture Company include the following items: Cash Short-term Investments Net Accounts Receivable Merchandise Inventory Building (net) Total Current Liabilities Long-term Note Payable What is working capital for 2025? $97,500 $203,000 $62,500 $36,500 2025 $44,500 26,000 102,000 160,000 530,000 270,000 57,000 2024 $45,000 14,000 96,000 152,000 547,000 287,000 52,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:The financial statements of Carrier Office Furniture Company include the following items:
Cash
Short-term Investments
Net Accounts Receivable
Merchandise Inventory
Building (net)
Total Current Liabilities
Long-term Note Payable
What is working capital for 2025?
$97,500
$203,000
$62,500
$36,500
2025
$44,500
26,000
102,000
160,000
530,000
270,000
57,000
2024
$45,000
14,000
96,000
152,000
547,000
287,000
52,000
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