The Above Diagram Shows a Balance Sheet for a Certain

question 4

Multiple Choice

The above diagram shows a balance sheet for a certain company. All quantities shown are in millions of dollars. What is the company's net working capital?

• A)$133 million
• B)$2 million
• C)$89 million
• D)$45 million

---

Definitions:

Money Market Accounts

Financial accounts that typically offer higher interest rates than savings accounts, while providing the account holder with limited check-writing ability.

Commercial Paper

An unsecured, short-term debt instrument issued by corporations, typically used for the financing of payroll, accounts payable, and inventories.

Petty Cash

A small amount of cash on hand used for paying expenses too small to merit writing a check or using a credit card.

Account Type

A classification that dictates the nature and purpose of an account, such as assets, liabilities, equity, revenue, or expenses.