Question: 183. Kitchen Supplies is considering a project which will require additional inventory of $150,000, decrease accounts payable by $15,000 and increase accounts receivable by $55,000.
183. Kitchen Supplies is considering a project which will require additional inventory of $150,000, decrease accounts payable by $15,000 and increase accounts receivable by $55,000. What is the initial net working capital requirement for this project? Group of answer choices a. $70,000 b. $165,000 d. $220,000 c. $205,000
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
