Hildebrand Corp. had the following current asset and current liability account balances for 2012 through 2015:

a. Compute Hildebrand€™s operating net working capital for 2012 to 2015.
b. What are the annual changes in operating net working capital for 2013€“ 2015?
c. Analyze the firm€™s needs for additional capital to support its need for operating working capital.

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n Millions of Dollars Cash and equivalents Short-term investments 2015 2014 2013 2012 $ 807.926 560,960 617,866 658255 78,994748 182442 614,513 58.368 800,308 1.272,768 Cash and short-term investments 98690 588301.272768 2.028060 2365823 2341 6092.302,447 45627 1441,024 450,258 1.262,308 4471,251 4565,215 492175 4837,523 1584,9591.416,367 878454 901546 902164 863,683 038633 979,675 821126 Current portion of long-term debt38687 303214 248,028 3.587492 S 3679,123 3.770,012 3,349204 Accounts receivable Inventories Total current assets Accounts payable Accrued expenses Notes payable/short-term debe 1138770 1601.413 Total current liabilities