Suppose that Bloopers customers paid their bills with an average 3-month delay (instead of 2 months) and that Bloopers inventories were 20% rather than 15% of next years expenses. Use the Blooper spreadsheet.

Required:

a. Would project NPV be higher or lower than that in the Blooper spreadsheet?

b. Calculate Bloopers working capital in each year of its project.

c. What is the change in project NPV?