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a. b. Samantha enters a rent-to-own agreement for living room furniture. She will pay $70 per month for one year. Which of the following shows
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Samantha enters a rent-to-own agreement for living room furniture. She will pay $70 per month for one year. Which of the following shows the timeline for her payments if the first payment is one month from now? O A. Date (Months) Cash Flows 0 1 - $70 - $70 2 3 4 5 6 7 8 9 10 -$70 - $70 - $70 - $70 - $70 - $70 - $70 - $70 - $70 11 - $70 12 $70 OB. Date (Months) Cash Flows 1 2 0 - $70 5 6 3 0 0 4 0 0 7 0 8 0 0 0 9 0 10 0 11 0 12 - $70 O C. Date (Months) Cash Flows 0 0 1 2 3 4 - $70 - $70 - $70 - $70 5 6 7 8 9 $70 - $70 - $70 - $70 - $70 10 11 12 $70 - $70 - $70 OD. Date (Months) Cash Flows 1 - $70 2 - $70 3 $70 4 - $70 5 - $70 6 - $70 7 - $70 8 - $70 9 -$70 10 - $70 11 - $70 - $ Balance Sheet Assets Liabilities Current Assets Current Liabilities Cash 48 43 Accounts receivable 20 Accounts payable Notes payable/short term debt Total current liabilities 6 Inventories 19 49 Total current assets 87 Long-Term Assets Long-Term Liabilities A. 87 million B. 136 million C. 5 million D. 38 million Long-Term Assets Long-Term Liabilities 123 Net property, plant, and equipment Total long-term assets Long-term debt Total long-term liabilities 128 123 128 Total liabilities 177 Stockholders' Equity.. Total liabilities and stockholders' Equity 33 Total assets. 210 210 The above diagram shows a balance sheet for a certain company. All quantities shown are in millions of dollars. What is the company's net working capital? O A. 87 million B. 136 million C. 5 million D. 38 millionStep by Step Solution
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