Refer to the Following Selected Financial Information from Frankle Corp $~~~~~~~~~~~~$

question 128

Multiple Choice

Refer to the following selected financial information from Frankle Corp.Compute the company's working capital. Clivent Assets $~~~~~~~~~~~~$ 306,450
Plarit assets $~~~~~~~~~~~~~~~$ 338,000
Current Liabilities $~~~~~~$ 107,800
Net sales $~~~~~~~~~~~~~~~~~~~~$ 676,000
Net Income $~~~~~~~~~~~~~~~~$ 75,000

• A)$536,650.
• B)$230,200.
• C)$568,200.
• D)$198,650.
• E)$231,450.

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Definitions:

Median

The middle value in a list of numbers, which separates the higher half from the lower half.

Set of Scores

A collection of numerical values that represent observations or measurements.

Central Tendency

Statistical measures that identify a single value as representative of the middle or center of a distribution, including mean, median, and mode.

Data

Facts and statistics collected together for analysis or used to reason or make decisions.