Question: 2 & 3 Projecting Changes in Net Working Capital and Capital Spending Save Penny Inc. expects to spend $51,000 upfront for fixed assets and invest
2 & 3 Projecting Changes in Net Working Capital and Capital Spending
Save Penny Inc. expects to spend $51,000 upfront for fixed assets and invest an additional $20,000 in net working capital.These fixed assets can be sold for $6,000 after tax at the end of the project (year 3).
What is the projected changes in Net Working Capital and Capital spending?
Please explain and if I can solve via BAII financial calculator please explain using that as well.
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