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ExerCyte has offered favorable credit terms to help boost sales levels during tough economic times. ExerCyte expects accounts receivable to increase $10,000 in 2020, before

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ExerCyte has offered favorable credit terms to help boost sales levels during tough economic times. ExerCyte expects accounts receivable to increase $10,000 in 2020, before decreasing $5,000 in 2021 and $5,000 in 2022. How will this change impact net working capital (NWC) and net cash flow (NCF) in 2020? Assuming a cost of capital of 15%. how will this accounts receivable increase and subsequent decrease impact the net present value (NPV) of ExerCyte's project? NWC increases, NCF decreases in 2020; NPV decreases NWC decreases, NCF increases in 2020; NPV increases NWC increases, NCF increases in 2020; NPV increases NWC decreases, NCF decreases in 2020, NPV decreases

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