QUESTION 1 20 Marks) ciated Asses 1.1 REQUIRED Use the percentage-of-sales method to determine the increase in the net working capital requirements of Britar Engineering for 2020. (6 marks) INFORMATION The following information was extracted from the financial statements of Britar Engineering for 2019. IT: of selling o R Sales 1 728 000 with credits 432 000 311 040 Debtors Short-term loans Inventory Cash and cash equivalents Creditors 518 400 fa credit B6 400 259 200 of factor Britar Engineering anticipates sales of R2 160 000 for 2020