Question
Balance Sheet Assets Liabilities Current Assets Current Liabilities Cash. . . . . . . . . . . . . . . . .
Balance Sheet | ||||
Assets | Liabilities | |||
Current Assets | Current Liabilities |
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Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 48 | Accounts payable. . . . . . . . . . . . . . . . . . . . . | 37 | |
Accounts receivable. . . . . . . . . . . . . . . . . . | 20 | Notes payable/short term debt. . . . . . . . . . . | 5 | |
Inventories. . . . . . . . . . . . . . . . . . . . . . . . . . . . | 17 | Total current liabilities. . . . . . . . . . . . . . . . | 42 | |
Total current assets. . . . . . . . . . . . . . . . . . . . . | 85 |
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Long-Term Assets | Long-Term Liabilities |
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Net property, plant, and equipment. . . . . . . . . | 125 | Long-term debt. . . . . . . . . . . . . . . . . . . . . . . . | 136 | |
Total long-term assets. . . . . . . . . . . . . . . . . . . | 125 | Total long-term liabilities. . . . . . . . . . . . . . . . | 136 | |
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| Total liabilities. . . . . . . . . . . . . . . . . . . . | 178 | |
Stockholders' Equity. . . . . . . . . . . . . . . . . . | 32 | |||
Total assets. . . . . . . . . . . . . . . . . . . . . . . . . . . | 210 | Total liabilities and stockholders' Equity | 210 | |
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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?
A. 127. million
B. 43. million
C. 11 million
D. 85. million
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