Question: Rising Star Inc is forecasting that their sales will increase by $250,000 next year, $300,000 the following year, and $400,000 in the third year. The

 Rising Star Inc is forecasting that their sales will increase by

Rising Star Inc is forecasting that their sales will increase by $250,000 next year, $300,000 the following year, and $400,000 in the third year. The company estimates that additional cash requirements will be 5% of the change in sales, inventory will increase by 8% of the change in sales receivables will increase by 11% of the change in sales, and payables will increase by 9% of the increase in sales. Forecast the increase in net working capital for Rising Star over the next three years. Select one: O a. Year 1 $47,500 2 $49,500 3 $61,500 NWC ob. Year NWC $35,500 $38,500 $42.600 Toc Year NWC $35,000 $38,500 $42.000 O d. Year NWC 1 $37,500 2 $45,000 3 $60,000

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