Refer to the Case: First Aid Beauty and answer the following question

The working capital requirements of for First Aid Beauty for March 2014 to March 2015 are computed in Table 1 below. Given the projections (Exhibit 8), will First Aid Beauty require outside sources of finance for the next several years?

Table 1

First Aid Beauty Working Capital Needs (2014-2015)

($000s) March 14 March15 Difference

Current Assets (less cash) (CA) $3,392 5,040 1,648

Current Liabilities (CL) $1,083 1,552 469

Working capital needs (CA-CL) $2,309 3,488 1,179

Note: All figures are based on Exhibit 6a and 6b.