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3. For a firm with the following info., what is the Net Working Capital? Prepaid expenses $2 million, Cash-$4 million, Accounts payable=$3 million, Long-term debt-$40
3. For a firm with the following info., what is the Net Working Capital? Prepaid expenses $2 million, Cash-$4 million, Accounts payable=$3 million, Long-term debt-$40 million, Equity=$10 million, Net property, plant and equipment-$35 million, Accounts receivable-$5 million, Inventory-$10 million. The firm also has some short-term bank loan outstanding (Notes Payable)
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