Blauser's Started the Year with $280 in Cash,$924 in Inventory,$361

question 29

Multiple Choice

Blauser's started the year with $280 in cash,$924 in inventory,$361 in accounts payable,$1,687 in equipment,and $414 in accounts receivable.At year's end,the firm had $311 in cash,$1,594 in equipment,$1,003 in inventory,$426 in accounts receivable,and $398 in accounts payable.What was the change in net working capital during the year?

• A)−$860
• B)$191
• C)$85
• D)−$94
• E)−$206

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Definitions:

Actual Experience

The direct and personal involvement or participation in events or activities.

Conditional Affection

Conditional affection is an emotional response or feeling of love that is dependent on the other person meeting certain conditions or expectations.

Congruence

The quality of agreeing, being in harmony, or corresponding directly with something else; often used in psychology to describe alignment between an individual’s self-perception and reality.

Self-Concept

An individual's comprehensive understanding and awareness of themselves, encompassing self-image, self-esteem, and the attitudes one holds about oneself.