The following data are taken from the comparative balance sheet prepared for Warren Road Company:...
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Accounting
The following data are taken from the comparative balance sheet prepared for Warren Road Company: 20X2 20X1 Cash $ 34,000 $ 25,000 Accounts receivable 43,000 40,000 Inventories 68,000 30,000 Property, plant, and equipment 91,000 55,000 Total assets $236,000 $150,000 Sales for 20X2 were $1,000,000. Sales for 20X1 were $800,000. Which specific asset did Warren Road deploy more efficiently in 20X2 compared to 20X1? Group of answer choices
Cash
Accounts Receivable
Property, Plant and Equipment
Inventories
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