Lottie's Boutique needs to keep 20% of its sales in net working capital. Lottie's is considering a 3-year project that will increase sales from its current level of $110,000 to $130,000 the first year and $145,000 a year for the next two years. What amount should be included in the project analysis for the final year of the project with respect to net working capital?

Answer rating: 100% (QA)

To determine the amount that should be included in the project analysis ... View the full answer