Question: The following table shows project working capital requirements for a 2-year project at Hoosier Tire. The firm expects to reclaim its final NWC position at
The following table shows project working capital requirements for a 2-year project at Hoosier Tire. The firm expects to reclaim its final NWC position at the end of the project.
| Year | 0 | 1 | 2 |
|---|---|---|---|
| Accounts Receivable | $12.00 | $109.00 | $171.00 |
| Inventory | $94.00 | $132.00 | $106.00 |
| Accounts Payable | $9.00 | $53.00 | $100.00 |
What is the investment in NWC for year 0? (express as a positive number for answer)
What is the investment in NWC for year 1?(express answer as a positive number)
(round to 2 decimals)
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