Question: Given the table below answer the question. Discount rate Tax rate Estimated Sales in 2021 Sales growth Cash as % of sales Accounts Receivables as

Given the table below answer the question.
Discount rate Tax rate Estimated Sales in 2021 Sales growth Cash as

Discount rate Tax rate Estimated Sales in 2021 Sales growth Cash as % of sales Accounts Receivables as % of sales Inventories as % of sales Current liabilities as % of sales 10% 20% $10,000 2020 2021 2022 2023 2024 2025 6% 6% 10% 5% 5% 4% 7% 9% 5% 10% 14% 11% 8% 8% 20% 25% 15% 16% 10% 5% 10% 6% 5% 5% In your answer do not enter/use dollar sign ($); DO NOT USE commas to separate thousands; and round up to zero decimals. Specific instructions as to the sign to enter: If the change in NWC is a cash outflow, you must enter a negative sign ( - ) in front of the first digit (no space in between). If the change in NWC is a cash inflow, simply enter the number (do no enter the sign) The change (investment) in net working capital (ANWC) in year 2024 is: Your Answer: Answer

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