Macmillan Corporation Has Provided the Following Financial Data

question 288

Multiple Choice

Macmillan Corporation has provided the following financial data:
Dividends on common stock during Year 2 totaled $7,200. The market price of common stock at the end of Year 2 was $3.69 per share.
-The company's working capital at the end of Year 2 is:

• A) $732,000
• B) $831,000
• C) $289,000
• D) $590,000

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Definitions:

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Consistent Service

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