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Title: The required net working capital in the first year for the Sisyphean Corporation's project is ... Post by: johnpaech on Nov 19, 2017 The required net working capital in the first year for the Sisyphean Corporation's project is closest to:
A) $3600 B) $3960 C) $2880 D) $5400 Title: Re: The required net working capital in the first year for the Sisyphean Corporation's project is ... Post by: deusmaroto on Nov 19, 2017 A
Explanation: A) Networking Capital Forecast Year 1 2 3 Units 2000 2200 2420 Sales (units × $18) 36,000 39,600 43,560 Cash (2% of sales) 720 792 871.2 Accounts Receivable (4% of sales) 1440 1584 1742.4 Inventory (9% of sales) 3240 3564 3920.4 Accounts Payable (5% of sales) 1800 1980 2178 NWC (Cash + Inventory+ AR - AP) 3600 3960 4356 Title: Re: The required net working capital in the first year for the Sisyphean Corporation's project is ... Post by: johnpaech on Aug 1, 2018 Thanks for helping with my corporate finance course
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