Data from Dunshee Corporation's Most Recent Balance Sheet Appear Below

question 188

Multiple Choice

Data from Dunshee Corporation's most recent balance sheet appear below:
$\begin{array}{lrr}&\text { Year 2 } & \text { Year 1 } \\\text { Current assets: }\\\text { Cash}&\$ 130 & \$ 100 \\\text { Accounts receivable, net.}&270 & 290 \\\text {Inventory }&90 & 110 \\\text {Prepaid expenses }&10 & 10\\\text { Total current assets. }&\$500&\$510\\\text { Total current liabilities }&\$230&\$220\end{array}$ Sales on account in Year 2 amounted to $1,170 and the cost of goods sold was $730.
-The working capital at the end of Year 2 is:

• A) $270
• B) $500
• C) $770
• D) $740

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Definitions:

Family

A social unit consisting of parents and their children, considered as a group, whether dwelling together or not; also can include a broader network of relatives.

Set Point

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Evolutionary

Pertaining to evolution, the process by which different kinds of living organisms are thought to have developed and diversified from earlier forms during the history of the earth.

Yerkes-Dodson

A law suggesting that performance increases with physiological or mental arousal to a certain point, but beyond that, performance decreases.