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QUESTION 8 Table A shows a balance sheet for a certain company. All quantities shown are in millions of dollars. What is the company's net
QUESTION 8 "Table A shows a balance sheet for a certain company. All quantities shown are in millions of dollars. What is the company's net working capital (in millions)? Note: Express your answers in strictly numerical terms, and IN million of USDs." QUESTIONS "Table A shows a balance sheet for a certain company. All quantities shown are in millions of dollars. If the company pays back all of its accounts payable today using cash, what will its net working capital be (in million of USDs)? Note: Express your answers in strictly numerical terms, and IN million of USDs." TABLE A Balance Sheet (in million of USDs) Assets Liabilities Current Assets Current Liabilities Cash 20 Accounts payable 80 Accounts receivable 62 11 Notes payable/short-term debt Inventories 30 Total current assets 112 Total current liabilities 91 Long-Term Assets Long-Term Liabilities 140 40 Net property, plant, and equipment Long-term debt Total long-term assets 140 Total long-term liabilities 105 Total Liabilities 196 Stockholders' Equity 56 Total Assets 252 Total Liabilities and Stockholders' Equity 252
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