Table 3.3 -What Is Regency's Net Working Capital in 2012 and 2011

question 87

Multiple Choice

Table 3.3

-What is Regency's net working capital in 2012 and 2011?

• A)$27 million; $12 million
• B)$315 million; $276 million
• C)$39 million; $27 million
• D)None of the above

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Definitions:

Inventory

The total value of a company's raw materials, work-in-progress, and finished goods that are considered assets on a balance sheet.

Account Receivable

Amounts owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term liquidity of a business.

Supplies

Items used in the day-to-day operations of a business, often consumable in nature, such as office supplies, manufacturing materials, or maintenance necessities.