Question 8

"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." TABLE 1 Balance Sheet (in million of USDs) Assets Current Assets Liabilities Current Liabilities 15 75 Cash Accounts payable 59 9 Accounts receivable Notes payable/short-term debt 26 Inventories 100 84 Total current assets Total current liabilities Long-Term Assets Long-Term Liabilities Net property, plant, and equipment 150 35 Long-term debt 150 Total long-term assets 105 Total long-term liabilities Total Liabilities 189 26 Inventories 100 Total current assets Total current liabilities 84 Long-Term Assets Long-Term Liabilities 150 Net property, plant, and equipment Long-term debt 35 150 Total long-term assetto Total long-term liabilities 105 Total Liabilities 189 Stockholders' Equity 61 Total Assets 250 Total Liabilities and Stockholders' Equity 250 1,000,000 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