Refer to the Following Selected Financial Information from Frankle Corp

question 163

Multiple Choice

Refer to the following selected financial information from Frankle Corp. Compute the company's working capital. $$\begin{array} { | l | r | } \hline & \\\hline \text { Current Assets } & 306,450 \\\hline \text { Plant assets } & 338,000 \\\hline \text { Current Liabilities } & 107,800 \\\hline \text { Net sales } & 676,000 \\\hline \text { Net Income } & 75,000 \\\hline\end{array}$$

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