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

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 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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