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Company expects the following sales revenues from the investment project (in dollars): Year 1 Year 2 Year 3 Year 4 45000 52000 61000 70,000 The
Company expects the following sales revenues from the investment project (in dollars):
Year 1 | Year 2 | Year 3 | Year 4 |
45000 | 52000 | 61000 | 70,000 |
The amount of net working capital required for the project's operations is estimated as 15% of the next year sales. Estimate the amount of investments in working capital by the end of the year 4.
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