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."
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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
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" 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
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" 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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