What is the investment in Net working capital in year 2? Year 1 Sales = $300,000 Year
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Question:
What is the investment in Net working capital in year 2?
Year 1 Sales = $300,000
Year 2 Sales = $500,000
Acct Rec 12% of Sales
Inventory 8% of Sales
Account Payable 10% of Sales
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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