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  1. business
  2. accounting
  3. refer to the following selected financial informat

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 Coat of goods sold Year 2 Year 1 3 , 800 $ 33, 550 103,000 66,500 92,000 86,000 127,500 131,500 13, 400 11,000 394,500 344,500 106,900 114, 300 717, 500 602, 500 396,500 301, 500 Multiple Choice o 3175,800. o 3254,400. o $267,800. o ( $164,800. o 30, 300

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