Sales for year 2 of a new project are expected to increase by 13.00%. For every dollar increase in sales, current assets are expected to increase by 20.20% and current liabilities by 5.90%.For year 2, calculate the change in net working capital as a percentage of year 1 sales.

Question 18 options:

a)1.77%

b)1.81%

c)1.86%

d)1.91%

e)1.95%