One reason to study operations management is to learn how people organize themselves for productive enterprise

When group members A, B, and C make independent contributions to group performance, and their contributions are added together to measure the group's performance, it is referred to as reciprocal task interdependence

Indicate whether the statement is true or false

Refer to the balance sheet above. What is Luther's net working capital in 2006?

Luther Corporation Consolidated Balance Sheet December 31, 2006 and 2005 (in $ millions) Assets 2006 2005 Liabilities and Stockholders' Equity 2006 2005 Current Assets Current Liabilities Cash 50.7 58.5 Accounts payable 84.4 73.5 Accounts receivable 54.9 39.6 Notes payable / short-term debt 9.4 9.6 Inventories 44.7 42.9 Current maturities of long-term debt 39.8 36.9 Other current assets 6.1 3.0 Other current liabilities 6.0 12.0 Total current assets 156.4 144.0 Total current liabilities 139.6 132.0 Long-Term Assets Long-Term Liabilities Land 66.8 62.1 Long-term debt 222.3 168.9 Buildings 106.2 91.5 Capital lease obligations Equipment 115.7 99.6 Less accumulated depreciation (56.5) (52.5) Deferred taxes 22.8 22.2 Net property, plant, and equipment 232.2 200.7 Other long-term liabilities --- --- Goodwill 60.0 -- Total long-term liabilities 245.1 191.1 Other long-term assets 63.0 42.0 Total liabilities 384.7 323.1 Total long-term assets 355.2 242.7 Stockholders' Equity 126.9 63.6 Total Assets 511.6 386.7 Total liabilities and Stockholders' Equity 511.6 386.7 A) $16.8 million B) $296.0 million C) $33.6 million D) $8.4 million