Question: Use the balance sheet below to answer the question: Assets Liabilities Cash $10 Accts Payable $10 Securities $10 Bonds Due This Year $10 Accts Receivable

Use the balance sheet below to answer the question:

Assets Liabilities Cash $10 Accts Payable $10 Securities $10 Bonds Due This Year

$10 Accts Receivable

$20 Bonds Due in 10 Years

$30 Inventory $20 Machinery $10 Land $10 All numbers in the chart above are in millions What is the working capital?

(A) $10 million

(B) $20 million

(C) $30 million

(D) $40 million

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