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Refer to the following selected financial information from McCormik, LLC. Compute the company's working capital...

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Accounting

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Refer to the following selected financial information from McCormik, LLC. Compute the company's working capital for Year 2. Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets Accounts payable Net sales Cost of goods sold Year 2 $ 38, 300 98,000 89,500 125,000 12, 900 392, 000 109, 400 715, 000 394, 000 Year 1 $ 33,050 64,000 83,500 129,000 10, 500 342,000 111, 800 680,000 379,000 Multiple Choice $254,300. $241,400. $129,300. $164,800

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