What is Regency’s net working capital in 2012 and 2011? A) $27 millio
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
ANSWER
A
Explanation: A) NWC = C/A – C/L: 2012 = $171,000,000 – $144,000,000 = $27,000,00. 2011: = $144,000,000 – $132,000,000 = $12,000,000.
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