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Based on the financial statements presented below for Walsh Corp., what was the company's net operating working capital for the most recent year? Statements of
Based on the financial statements presented below for Walsh Corp., what was the company's net operating working capital for the most recent year? Statements of Income fin millions of dollars) For years ended 12/31 2014 2015 2016 2,550.0 3,020.0 3,300.0 2017 3,470.0 2.2420 2,680.0 2.9200 3,0440 118.0 96.0 90.0 900 Net Sales Expenses (Income): Operating costs Depreciation Interest Income Interest Expense Total Expenses EBT Taxes (40%) (8.0) (8.6) (9.2) (10.01 53.0 56.6 60.2 67.0 2,405.0 2,8240 3,0610 3,1910 145.0 196.0 239.0 279.0 58.0 78.4 95.6 1116 Net Income 87.0 117.6 143.4 167.4 Balance Sheets (in millions of dollars) As at 12/31 2015 2016 2014 2017 70.0 26.0 28.0 44.0 40.0 55.0 75.0 200.0 200.0 230.0 2480 250.0 300.0 323.0 Cash Marketable Securities Accounts Receivable Inventories Total Current Assets Gross Plant and Equipment Accumulated Depreciation Net Plant and Equipment Total Assets 560.0 1,997.0 6110 2,243.0 674.0 2,3730 2680 3520 8540 2.596.0 9460 670.0 766.0 856.0 1,477.0 1,650.0 1.327.0 1,887.0 1.517.0 2,1910 2,088.0 2,5140 66.0 446.6 60.0 400.0 150.0 610.0 720 5080 183.0 165.0 677.6 Accounts Payable Notes Payable Accruals Total Current Liabilities Long-Term Bonds Total Liabilities Common Stock (10,000,000 shares) Retained Earnings Total Common Equity Total Liabilities and Equity 69.0 484.0 174.0 727.0 504.0 1.2310 375.0 420.0 1,030.0 340.0 480.0 1.157.6 355.0 763.0 5280 1,2910 5000 723.0 517.0 575.4 585.0 857.0 960.0 930.4 2,088.0 1.223.0 2.514.0 1,887.0 2,1910
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