Question
Sales for year 2 of a new project are expected to increase by 19.50%. For every dollar increase in sales, current assets are expected to
Sales for year 2 of a new project are expected to increase by 19.50%. For every dollar increase in sales, current assets are expected to increase by 26.70% and current liabilities by 9.15%. For year 2, calculate the change in net working capital as a percentage of year 1 sales.
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Introduction To Financial Management
Authors: Sudanshu Pandeya
1st Edition
1774695316, 978-1774695319
