Exercise IV$.$

Determine ABC $\text{'}$s net working capital and net working capital requirements at the end of year X$1$ and the forecasted net working capital requirements at the end of year $x2$ with an increase in daily sales from $$13300$ to $$18300.$ Specify how ABC Company should cover the additional net working capital needs, assuming that the cash cycle and financial policy towards customers and suppliers and with regard to inventories remains unchanged.

Secondly make a scenario in which there will be change of financial policy:

Cash and cash equivalents will remains fixed;

increase of payables by $5$ days

decrease of collection time by $5$ days

no change to inventory cycle

$\backslash$table$[[$L$.$p$.,$Main Financial data $($in USD$),$Year $1,$Year X$2],[,1$ Daily sales,$13300,18300],[,2$ Inventory,$366000,],[,3\frac{A}{R},472000,],[,4$ Cash and cash equivalents,$72000,],[,5$ Fixed Assets,$1978000,],[,6$ Current Liabilities,$722000,],[,$Including short term loans,$122000,],[8,$Owner$`$s Equity,$822000,],[9,$Long term loans and credits,$1122000,],[10,$Overdue liabilities,$222000,],[11,$CAPEX,,$522000],[12,$Depreciation of new investment,,$222000],[13,$Net profit,,$472000]]$