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The capital budgeting project your firm is evaluating requires the following levels of current assets and liabilities in year 1: Accounts Receivable = $157,000; Accounts
The capital budgeting project your firm is evaluating requires the following levels of current assets and liabilities in year 1: Accounts Receivable = $157,000; Accounts Payable = $83,000; and Inventory = $50,000. If each of these accounts begins at a level of $0 in year zero, what year 1 incremental cash flow reflects the change in NWC? Enter your answer in dollars and be sure to use a negative sign (-) if the answer is a cash outflow
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