Consider the Following Information for the Question(s)below

question 33

Multiple Choice

Consider the following information for the question(s) below.
Hammond Motors had sales of $35 million in 2019 with a cost of goods sold of $20 million.A simplified balance sheet for Hammond appears below (amounts in $ million) :
-Hammond's net working capital in 2019 is closest to:

• A)$2.3 million.
• B)$3.8 million.
• C)$6.5 million.
• D)$10.5 million.

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Definitions:

Multitasking

Conducting multiple activities at once, utilizing efficient time management and organizational skills.

Information Technology Research

The study and exploration of technology-related topics to advance knowledge in the field of IT.

Productive Work

Work that efficiently achieves goals and produces significant results or outputs.

Self-Discipline

The ability to control one's feelings, impulses, and actions to achieve long-term goals.