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Assuming that KXS's market share will increase by 0.25% per year, you determine that the plant will require an expansion in 2020. The expansion will

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Assuming that KXS's market share will increase by 0.25% per year, you determine that the plant will require an expansion in 2020. The expansion will cost 20.2 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. Click the icon to view the table of projected values through 2023. The additional annual working capital requirements for 2019 will be $ thousand. (Round to the nearest integer.) Table of Projected Values Projected values $(000s) Accounts Receivable Inventory Cash Accounts Payable 2018 2019 2020 2021 2022 2023 14,292 15,636 17,188 18,831 20,602 22,614 14,931 16,457 18,075 19,852 21,713 23,745 11,958 13,162 14,486 15,893 17,328 19,090 11,962 13,194 14,456 15,825 17,435 19,280

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