Use the Table for the Question(s)below

question 7

Multiple Choice

Use the table for the question(s) below.
-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)$7 million
• B)$32 million
• C)$33 million
• D)$40 million

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Definitions:

Net Change

Net change refers to the difference in the closing price of a stock, bond, commodity, or index on a given day compared to the closing price on the previous trading day.

Utility Function

A mathematical representation of how different bundles of goods are ranked according to their utility or satisfaction provided to the consumer.

Equivalent Variation

A measure in economics that indicates the amount of money a consumer would need to reach their initial utility level after a price change.

Price Change

A variation in the cost of goods or services over time, which can be an increase or decrease.