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2019:? 2020:? 2021:? 2022:? 2023:? Assuming that KXS's market share will increase by 0.22% per year, you determine that the plant will require an expansion

2019:?
2020:?
2021:?
2022:?
2023:? image text in transcribed
Assuming that KXS's market share will increase by 0.22% per year, you determine that the plant will require an expansion in 2020. The expansion will cost 21.7 million. Assume the following: the financing of the expansion will be delayed accordingly (end of 2020), KXS uses a ten-year bond, interest rates remain the same, and KXS's tax rate is 35%. Using the accompanying table of projected values, calculate KXS's additional annual working capital requirements through 2023. Click the icon to view the table of projected values through 2023. 1 Table of Projected Values - Cancel Projected values $(000s) Accounts Receivable Inventory Cash Accounts Payable 2018 14,267 14,946 11,908 11,955 2019 15,616 16,481 13,175 13,194 2020 17,187 18,049 14,433 14,454 2021 18,878 19,829 15,869 15,888 2022 20,682 21,728 17.378 17,391 2023 23,044 23,740 19,051 19,074

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