Question: Assuming that KMSs market share will increase by 0.25% per year (implying that the investment, financing, and depreciation will be adjusted as described in Problems

Assuming that KMS’s market share will increase by 0.25% per year (implying that the investment, financing, and depreciation will be adjusted as described in Problems 13 and 14), and that the working capital assumptions used in the chapter still hold, calculate KMS’s working capital requirements through 2015 (that is, reproduce Table 18.9 under the new assumptions).


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