Answer:
$65,500
Explanation:
Data provided in the question:
2019 2018
Cash $42,500 $42,000
Short-term Investments 28,000 19,000
Net Accounts Receivable 102,000 98,000
Merchandise Inventory 166,000 148,000
Total Assets 527,000 547,000
Total Current Liabilities 273,000 285,000
Long-term Note Payable 64,000 60,000
Now,
Working capital = Current assets - Current liabilities
Also,
Current assets (i.e for the year 2019 )
= Cash + Short-term Investments + Net Accounts Receivable + Merchandise Inventory
= $42,500 + $28,000 + $102,000 + $166,000
= $338,500
and,
Current liabilities = $273,000
Therefore,
Working capital for 2019 = $338,500 - $273,000
= $65,500
