The Balance Sheet of Binger,Inc What Is the Amount of the Change in Net Working

question 62

Multiple Choice

The balance sheet of Binger,Inc.has the following balances; $$\begin{array} { | l | r | r | } \hline & \begin{array} { r } \text { Beginning } \\\text { balance }\end{array} & \begin{array} { r } \text { Ending } \\\text { balance }\end{array} \\\hline \text { Cash } & \$ 30,300 & \$ 32,800 \\\hline \text { Accounts receivable } & 48,200 & 51,600 \\\hline \text { Inventory } & 126,500 & 129,200 \\\hline \text { Net fixed assets } & 611,900 & 574,300 \\\hline \text { Accounts payable } & 43,200 & 53,600 \\\hline \text { Long-term debt } & 415,000 & 304,200 \\\hline\end{array}$$ What is the amount of the change in net working capital?

• A)-$1,800
• B)-$7,400
• C)$1,800
• D)-$8,100
• E)$8,100

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Definitions:

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