Sheridan, Inc, is considering opening up a new convenience store in downtown New York City. The expected annual revenue at the new store is $$710\mathrm{.}000$ To estimate the increase in working capital, analysts estimate that for firms in the same industry the ratio of cash and cash equivalents to revenue is $0\mathrm{.}03$ and the ratios of receivables, inventories, and payables to revenue are $0\mathrm{.}05,0\mathrm{.}10,$ and $0\mathrm{.}04,$ respectively Applying these industry estimates Sheridan, inc, what is the expected incremental cash flow related to working capital when the store is opened? Sheridan, Inc, is considering opening up a new convenience store in downtown New York City. The expected annual revenue at the new store is $\backslash (\backslash$$ $840,000\backslash ).$ To estimate the increase in working capital, analysts estimate that for firms in the same industry the ratio of cash and cash equivalents to revenue is $0\mathrm{.}03$ and the ratios of receivables, inventories, and payables to revenue are $\backslash (0\mathrm{.}05,0\mathrm{.}10\backslash ),$ and $0\mathrm{.}04,$ respectively. Applying these industry estimates Sheridan, Inc, what is the expected incremental cash flow related to working capital when the store is opened? Incremental cash flow