1- " Table 1 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."

Table 1

Balance Sheet (in million of USDs)
Assets		Liabilities
Current Assets		Current Liabilities
Cash	20	Accounts payable	80
Accounts receivable	65	Notes payable/short-term debt	11
Inventories	32
Total current assets	117	Total current liabilities	91
Long-Term Assets		Long-Term Liabilities
Net property, plant, and equipment	200	Long-term debt	40
Total long-term assets	200	Total long-term liabilities	110
		Total Liabilities	201
		Stockholders' Equity	116
Total Assets	317	Total Liabilities & Stockholders' Equity

2- 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."

3- 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."

4- You own 700 shares of Newstar Financial stock, currently trading for 250 per share. You are offered a deal where you can exchange these stocks for 300 shares of Amback Financial Group stock, currently trading at $600 per share. What is the value of this trade, if you choose to make it? Note: Express your answers in strictly numerical terms. For example, if the answer is $500, write enter 500 as an answer."

5- As an oil refiner, you are able to produce $50 worth of unleaded gasoline from one barrel of Alaska North Slope (ANS) crude oil. Because of its lower sulfur content, you can produce $43 worth of unleaded gasoline from one barrel of West Texas Intermediate (WTI) crude. Another oil refiner is offering to trade you 22000 bbl of Alaska North Slope (ANS) crude oil for 18500 bbl of West Texas Intermediate (WTI) crude oil. Assuming you currently have 18500 bbl of WTI crude, the added benefit (cost) to you if you take the trade is closest to ________. Note: Express your answers in strictly numerical terms. For example, if the answer is $500, write enter 500 as an answer."