Balance Sheet Net property, plant,
The above diagram shows a balance sheet for a certain company. If the company buys new property, plant and equipment today using its entire cash balance, what will its net working capital be?
A) -$12 million
B) $12 million
C) -$24 million
D) $24 million

Question

Balance Sheet   Net property, plant,
 The above diagram shows a balance sheet for a certain company. If the company buys new property, plant and equipment today using its entire cash balance, what will its net working capital be?
A) -$12 million 
B) $12 million 
C) -$24 million 
D) $24 million

Quizplus · Accepted Answer

A) Current assets would fall by $54, with no change in current liabilities. 11ea84dc_f586_1d0e_9a63_af88dcaa4b3e_TB1316_11_TB1316_11

Balance Sheet Net Property, Plant