Question: Balance Sheet Assets Liabilities Current Liabilities Current Assets Cash 53 36 Accounts receivable 20 Accounts payable Notes payable/short term debt Total current liabilities 6 Inventories

Balance Sheet Assets Liabilities Current Liabilities Current Assets Cash 53 36 Accounts receivable 20 Accounts payable Notes payable/short term debt Total current liabilities 6 Inventories 15 42 Total current assets 88 Long-Term Assets Long-Term Liabilities Net property, plant, and equipment Total long-term assets 122 136 Long-term debt Total long-term liabilities 122 136 Total liabilities 178 32 Stockholders' Equity Total assets 210 Total liabilities and stockholders' Equity 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 not working capital? A 17 million B. 88 million C. 130 million D. 46 million
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
