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A firm has the following forecast for these balance sheet items for a project. Accounts receivable will be 12% of sales, inventory will be 8%

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A firm has the following forecast for these balance sheet items for a project. Accounts receivable will be 12% of sales, inventory will be 8% of sales, and accounts payable will be 9% of sales. Sales are forecasted to be $400.000 for year 1 , and $600,000 for year 2 . What is the investment in NWC for year 2? None of the answers are correct. $22.000 $66,000 $58,000 $44,000

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