Question: It asks for year 2, Year 3, Year 4 and Year 5 as well.. I am sorry I am stuck at the moment if you
It asks for year 2, Year 3, Year 4 and Year 5 as well.. I am sorry I am stuck at the moment if you could explain
Castle View Games would like to invest in a division to develop software for a soon-to-be-released video game console. To evaluate this decision, the firm first attempts to project the working capi needs for this operation. Its chief financial officer has developed the following estimates (in millions of dollars): To copy the table below and use in Excel, click on icon in the upper right corner of table.) 1 Cash 2 Accounts receivable 3 Inventory 4 Accounts payable Year 1 7 20 Year 2 12 25 Year 3 15 26 10 25 Year 4 16 Year 5 15 23 15 32 12 27 18 19 Assuming that Castle View currently does not have any working capital invested in this division, calculate the cash flows associated with changes in working capital for the first five years of this investment. (Note: Enter decreases as negative numbers.) The change in working capital for year 1 is $ million. (Round to the nearest integer.) Castle View Games would like to invest in a division to develop software for a soon-to-be-released video game console. To evaluate this decision, the firm first attempts to project the working capi needs for this operation. Its chief financial officer has developed the following estimates (in millions of dollars): To copy the table below and use in Excel, click on icon in the upper right corner of table.) 1 Cash 2 Accounts receivable 3 Inventory 4 Accounts payable Year 1 7 20 Year 2 12 25 Year 3 15 26 10 25 Year 4 16 Year 5 15 23 15 32 12 27 18 19 Assuming that Castle View currently does not have any working capital invested in this division, calculate the cash flows associated with changes in working capital for the first five years of this investment. (Note: Enter decreases as negative numbers.) The change in working capital for year 1 is $ million. (Round to the nearest integer.)
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