Listed below are year-end account balances ($ in millions) taken from the records of Symphony...
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Accounting
Listed below are year-end account balances ($ in millions) taken from the records of Symphony Stores Debit Credit Accounts receivable 666 Building and equipment 927 Cash 47 Interest receivable 38 Inventory 20 Land 153 Notes receivable (long-term) 492 Prepaid rent 23 Supplies 11 Trademark 57 Accounts payable 585 Accumulated depreciation 63 Additional paid-in capital 482 Dividends payable 29 Common stock (at par) 15 Income tax payable 52 Notes payable (long-term) 857 Retained earnings 329 Deferred revenue 22 TOTALS 2,434 2,434 What is the amount of working capital for Symphony? $132 millions. $102 millions. O O $117 millions. porno O $79 millions
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