Question
Sales for year 2 of a new project are expected to increase by 17.50%. For every dollar increase in sales, current assets are expected to
Sales for year 2 of a new project are expected to increase by 17.50%. For every dollar increase in sales, current assets are expected to increase by 24.70% and current liabilities by 8.15%. For year 2, calculate the change in net working capital as a percentage of year 1 sales.
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Quantum Economics And Finance
Authors: David Orrell
3rd Edition
1916081630, 978-1916081635
