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Anola Inc.'s projected receivables are 14.8% of sales, and its payables are 14.5% of cost of goods sold (COGS). Forecast the required investment in NWC
Anola Inc.'s projected receivables are 14.8% of sales, and its payables are 14.5% of cost of goods sold (COGS). Forecast the required investment in NWC for Anola Ina assuming that sales and Cogs will be Year 0 1 2 3 Sales $23,805 $26,610 $23,611 $8,568 COGS $9,543 $10.757 $9,545 83 484 The required investment in NWC for year is Sl (Round to the nearest dollar)
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