Question: Grady-White Boats, Inc. is considering a project that will require additional inventory of $1,135,000. In addition, pursuing this project will also increase accounts payable by

Grady-White Boats, Inc. is considering a project that will require additional

Grady-White Boats, Inc. is considering a project that will require additional inventory of $1,135,000. In addition, pursuing this project will also increase accounts payable by $440,000 as suppliers are willing to finance part of these purchases. Accounts receivable are currently $800,000 and are expected to increase by 10% if this project is accepted. The firm's cash requirements are not anticipated to change. What is the incremental change to net working capital as a result of accepting this project? A. $1,495,000 B. $1,655,000 C. $615,000 D. $1,495,000 O E. $775,000

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