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Given the table below answer the question. Discount rate Tax rate Estimated Sales in 2021 Sales growth Cash as % of sales Accounts Receivables as
Given the table below answer the question.
Discount rate Tax rate Estimated Sales in 2021 Sales growth Cash as % of sales Accounts Receivables as % of sales Inventories as % of sales Current liabilities as % of sales 10% 20% $10,000 2020 2021 2022 2023 2024 2025 6% 6% 10% 5% 5% 4% 7% 9% 5% 10% 14% 11% 8% 8% 20% 25% 15% 16% 10% 5% 10% 6% 5% 5% In your answer do not enter/use dollar sign ($); DO NOT USE commas to separate thousands; and round up to zero decimals. Specific instructions as to the sign to enter: If the change in NWC is a cash outflow, you must enter a negative sign ( - ) in front of the first digit (no space in between). If the change in NWC is a cash inflow, simply enter the number (do no enter the sign) The change (investment) in net working capital (ANWC) in year 2024 is: Your Answer: Answer
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