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  3. table 1 shows a balance sheet for a certain compan

Table 1 shows a balance sheet for a certain company. All quantities shown are in...

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Accounting

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 Liabilities Current Assets Current Liabilities Cash 40.0 Accounts payable 90.0 Accounts receivable 70.0 Notes payable/short-term debt 20.0 Inventories 10.0 Total current assets 120.0 Total current liabilities 110.0 Long-Term Assets Long-Term Liabilities Net property, plant, and equipment 145.0 Long-term debt 50.0 Total long-term assets 145.0 Total long-term liabilities 100.0 Total Liabilities 210.0 Stockholders' Equity 55.0 Total Assets 265.0 Total Liabilities & Stockholders' Equity 265.0

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