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Take Test: HW #2 QUESTION 7 Table 1 shows a balance sheet for a certain company. All quantities shown are in millions of dollars. If

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Take Test: HW #2 QUESTION 7 Table 1 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." 10 points Sa QUESTION 8 " 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." Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers QUESTION 9 "Table 2 shows a balance sheet for a certain company. All quantities shown are in millions of dollars. What is the company's current ratio for 2020? Note: Express your answers in strictly numerical terms, and IN million of USDs." TABLE 2 2020 2019 2020 2019 Assets Liabilities and Stockholders' Equity Current Liabilities Current Assets 85 82 Cash 120 79 Accounts payable Notes payable 1 short-term debt 96 70 Accounts receivable 14 19 45 51 Inventories 45 Current maturities of long-term debt 65 9 Other current assets 8 Other current liabilities 9 15 Click Save and Submit to save and submit. Click Save All Answers to save all answers Take Test: HW #2 Other 9 8 15 9 Other current liabilities current assets Total Total 235.0 211.0 188.0 178.0 current current liabilities assets Long-Term Assets Long-Term Liabilities 60 62 85 99 Land Long-term debt 105 98 Buildings Capital lease obligations 99 100 Equipment -51 -49.5 35 19 Less accumulated depreciation Deferred taxes Net property, 213 210.5 --- plant, and equipment Other long- term liabilities 5 5 Total long- Goodwill 120 118 term liabilities Take Test: HW #2 -51 49.5 35 19 Deferred taxes Less accumulated depreciation Net property --- 213 210.5 plant, and equipment Other long. term liabilities 5 5 120 118 Goodwill Total long. term liabilities 29 40 308.0 296.0 Other long. term assets Total liabilities 247 250.5 174.0 90.7 Total long-term assets Stockholders Equity 482.0 386.7 482.0 386.7 Total Assets Total liabilities and Stockholders' Equity

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