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ACME needs to project monthly cash flows for inventory for the first quarter of the upcoming year. The firm keeps in inventory packaging containers

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ACME needs to project monthly cash flows for inventory for the first quarter of the upcoming year. The firm keeps in inventory packaging containers at 30% of monthly projected sales. Each container costs $.05 each and the company projects that sales will reach $500,000 in January, $700,000 in February, $900,000 in March, and $1,000,000 in April. What is the change in working capital for February? 1 x $3000 $5000 $7000 $9000 $1000

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