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Suppose you collected the following information of ABC corp. from the financial statements published in 2018. 2018 1405000 602000 476990 2017 1206000 571500 457912 Entry

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Suppose you collected the following information of ABC corp. from the financial statements published in 2018. 2018 1405000 602000 476990 2017 1206000 571500 457912 Entry Total Current Assets Current Liabilities Notes Payable Earning before Interest and Taxes Depreciation Capital expenditures Tax rate 159000 30% Estimate the Net Operating Working Capital at the end of 2017. 6. A successful businessperson wishes to establish a scholarship at her alma mater which will pay two industrial engineering students $8,000 per year (each). The university earns 8% on endowment accounts. Determine the amount that must be deposited today if the scholarships will be awarded starting 1 year from today

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