The financial statements of Carrier Office Furniture Company include the following items: 2019 2018 Cash...
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The financial statements of Carrier Office Furniture Company include the following items: 2019 2018 Cash $50,500 $45,000 Short-term Investments 25,000 15,000 Net Accounts Receivable 97,000 102,000 Merchandise Inventory 165,000 151,000 Total Assets 532,000 548,000 Total Current Liabilities 265,000 289,000 Long-term Note Payable 58,000 58,000 What is working capital for 2019? O A. $209,000 O B. $92,500 OC. $72,500 OD. $47,500
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