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Kiwi Co has the following Projected amounts next year. (in thousands) Revenue 20,500; Cost of sales 12,800; Gross profit T300 The working capital ratios of

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Kiwi Co has the following Projected amounts next year. (in thousands) Revenue 20,500; Cost of sales 12,800; Gross profit T300 The working capital ratios of Kiwi, contrasted with the industry, are as follows: Kiwi Co lndusy Receivable days 50 42 Inventory days 45 35 Payable days 40 35 Use 365 days in a ~fear. If Kiwi to aim to meet the industry's ratios. what will be the decrease in its net working capital

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