Question: Balance Sheet Assets Liabilities Current Assets Current Liabilities Cash 50 Accounts payable 42 Accounts receivable 22 Notes payable/short-term debt 7 Inventories 17 Total current assets
| Assets | Liabilities | ||
| Current Assets | Current Liabilities | ||
| Cash | 50 | Accounts payable | 42 |
| Accounts receivable | 22 | Notes payable/short-term debt | 7 |
| Inventories | 17 | ||
| Total current assets | 89 | Total current liabilities | 49 |
| Long-Term Assets | Long-Term Liabilities | ||
| Net property, plant, and equipment | 121 | Long-term debt | 128 |
| Total long-term assets | 121 | Total long-term liabilities | 128 |
| Total Liabilities | 177 | ||
| Shareholders' Equity | 33 | ||
| Total Assets | 210 | Total Liabilities and Shareholders' Equity | 210 |
The above table 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?
Select one:
A. $40 million
B. $33 million
C. $32 million
D. $7 million
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