Question: Superman, Inc. is considering a project that will require additional inventory of $153,000 and will increase accounts payable by $128,000. Accounts receivable is currently $265,000
Superman, Inc. is considering a project that will require additional inventory of $153,000 and will increase accounts payable by $128,000. Accounts receivable is currently $265,000 and is expected to increase by 15 percent if this project is accepted. What is the project's initial cash flow for net working capital? Select one:
a. -$64,750
b. -$27,950
c. +$35,550
d. +$64,750
e. -$35,550
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