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The following table presents sales forecasts for Golden Gelt Giftware. The unit price is $40. The unit cost of the giftware is $20. Year Unit
The following table presents sales forecasts for Golden Gelt Giftware. The unit price is $40. The unit cost of the giftware is $20. Year Unit Sales 1 34,000 2 42,000 3 16,000 4 10,000 Thereafter 0 21. It is expected that net working capital will amount to 20% of sales in the following year. For example, the store will need an initial (year-0) investment in working capital of .20 X 34,000 x $40 = $272,000. Plant and
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