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Assume the investment project enables the company to increase sales by $90,000 and COGS by $54,750. Income Statement(Thousands) Net Sales 365.000 Cost of Goods Sold
Assume the investment project enables the company to increase sales by $90,000 and COGS by $54,750. Income Statement(Thousands) Net Sales 365.000 Cost of Goods Sold 146,000 219.000 150.000 69,000 Gross Income Selling, general and Administrative Net Operating Income (NOI) Other Income & Expenses Extraordinary Gain (Loss) Interest Expense Net Profit Before Taxes 10,000 15,000 44,000 Income Taxes 13,200 Ne 30.800 Balance Sheet (Thousands) Assets Current Assets Cash 12.000 Accounts Receivables 73,000 Inventory 34,000 Other Current Assets 30.000 Total Current Assrets 64,000 Property Plant & Equipment Machinery & Equipment 172,500 Less Accumulated depreciation (103,500) Other Assets 99,500 Total Assets 232.500 Liabilities and Shareholder Equity Current Liabilities Accounts Payable 32,000 Accrued compensation 16,000 Other Current Liabilities 45,000 Long Term Liabilities Long Term Debt 65.000 Other long term liabilities 51,000 Commom Stock & Shareholder's equity 23,500 Total Liabilities & Equity 232,500 Calculate the investment's working capital requirements
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