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all 5 years pleass 4 14 Royal Mount Games would like to invest in a division to develop software for video games. To evaluate this
all 5 years pleass
4 14 Royal Mount Games would like to invest in a division to develop software for video games. To evaluate this decision, the firm first attempts to project the working capital needs for this operation. Its chief financial officer has developed the following estimates in millions of dollars): (To copy the table below and use in Excel, click on icon in the upper right corner of table.) Year 1 Year 2 Year 3 Year 4 Year 5 1 Cash 12 16 16 2 Accounts receivable 20 23 25 21 26 3 Inventory 5 14 13 4 Accounts payable 22 25 25 30 Assuming that Royal Mount currently does not have any working capital invested in this division, calculate the cash flows associated with changes in working capital for the first five years of this investment. (Enter increases as negative numbers since they are uses of cash.) on 2 12 17 The cash flow associated with the change in working capital for year 1 is million (Round to the nearest Integer.) Step by Step Solution
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