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Sales for year 2 of a new project are expected to increase by 14.00%. For every dollar increase in sales, current assets are expected to

Sales for year 2 of a new project are expected to increase by 14.00%. For every dollar increase in sales, current assets are expected to increase by 21.20% and current liabilities by 6.40%. For year 2, calculate the change in net working capital as a percentage of year 1 sales.

Question 3 options:

1.97%

2.02%

2.07%

2.12%

2.18%

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