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 | $35.00 | $117.00 | $150.00 |
Inventory | $65.00 | $139.00 | $100.00 |
Accounts Payable | $24.00 | $51.00 | $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)
Get Answers For Free
Most questions answered within 1 hours.