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Table 1 shows a balance sheet for a certain company. All quantities shown are in millions of dollars. If the company buys new property, plant
Table 1 shows a balance sheet for a certain company. All quantities shown are in millions of dollars. If the company buys new property, plant and equipment today using its entire cash balance, 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 1 Balance Sheet (in million of USDs) Assets Liabilities Current Assets Current Liabilities Cash 40.0 Accounts payable 90.0 Accounts receivable 70.0 Notes payable/short-term debt 20.0 Inventories 10.0 Total current assets 120.0 Total current liabilities 110.0 Long-Term Assets Long-Term Liabilities Net property, plant, and equipment 145.0 Long-term debt 50.0 Total long-term assets 145.0 Total long-term liabilities 100.0 Total Liabilities 210.0 Stockholders' Equity 55.0 Total Assets 265.0 Total Liabilities & Stockholders' Equity 265.0
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