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
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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