A) The additional annual working capital requirements for 2019 will be _____ thousand. (Round to the nearest integer.) B) The additional annual working capital requirements
A) The additional annual working capital requirements for 2019 will be _____ thousand. (Round to the nearest integer.)
B) The additional annual working capital requirements for 2020 will be _____ thousand. (Round to the nearest integer.)
C) The additional annual working capital requirements for 2021 will be _____ thousand. (Round to the nearest integer.)
D) The additional annual working capital requirements for 2022 will be _____ thousand. (Round to the nearest integer.)
E)The additional annual working capital requirements for 2023 will be _____ thousand. (Round to the nearest integer.)
X Problem 18-15 Question Help Assuming that XS's market share will increase by 0.24% per year, you determine that the plant will require an expansion in 2020. The expansion will cost 20.1 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. Table of Projected Values ET Projected values $(000s) Accounts Receivable Inventory Cash Accounts Payable 2018 14,233 14,909 11,952 11,952 2019 15,668 16,472 13,193 13.187 2020 17.188 18,019 14.485 14.454 2021 18,846 19,811 15,823 2022 20,612 21,723 17,358 17,442 2023 23,629 23,721 19.016 19,224 15.884 Print DoneStep by Step Solution
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