Question: ag and Financing WorRIng 1. Net Working Capital. Using the data on working capital items from a firm's balance sheet in the following table, complete

ag and Financing WorRIng 1. Net Working Capital. Using the data on working capital items from a firm's balance sheet in the following table, complete the following: a. Calculate net working capital. b. Describe the structure of current assets and discuss how they are financed c. Do you believe that all items are actually denominated in the currency statedo example, do you think that clients settle all receivables by using GBP? d. Using knowledge from previous finance classes, calculate financial ratios to charactes the firm's working capital situation. GBP (millions) Current Liabilities GBP (millions) Current Assets Short-term debt 444 Cash 247 Current portion of long-term debt Accounts payable Accounts receivable 222 1,220 Inventory 439 591
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