Question
Simpson Corporation expects to sell the following number of units of their newest product: Year Unit Sales 1 8,000 2 9,000 3 12,000 4 15,000
Simpson Corporation expects to sell the following number of units of their newest product:
| Year | Unit Sales |
| 1 | 8,000 |
| 2 | 9,000 |
| 3 | 12,000 |
| 4 | 15,000 |
The revenue per unit is $180. NWC starts out at $50,000, then rises to 15% of sales. What is the change in cash flow for the NWC balance at the end of year 2?
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Finance Budget And Management For Reference Services Routledge Library Editions Library And Information Science
Authors: Ruth A. Fraley, Bill Katz
1st Edition
0367374293, 978-0367374297
