Question: Help 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

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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."

  1. Table 1

    Balance Sheet (in million of USDs)

    Assets

    Liabilities

    Current Assets

    Current Liabilities

    Cash

    45.0

    Accounts payable

    80.0

    Accounts receivable

    71.0

    Notes payable/short-term debt

    15.0

    Inventories

    34.0

    Total current assets

    150.0

    Total current liabilities

    95.0

    Long-Term Assets

    Long-Term Liabilities

    Net property, plant, and equipment

    160.0

    Long-term debt

    30.0

    Total long-term assets

    160.0

    Total long-term liabilities

    90.0

    Total Liabilities

    185.0

    Stockholders' Equity

    125.0

    Total Assets

    310.0

    Total Liabilities & Stockholders' Equity

    310.0

QUESTION 7

  1. " 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."

QUESTION 8

  1. " 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."

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