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The following table presents sales forecasts for Golden Gelt Giftware. The unit price is $30. The unit cost of the giftware is $10. Year Unit
The following table presents sales forecasts for Golden Gelt Giftware. The unit price is $30. The unit cost of the giftware is $10. |
| Year | Unit Sales |
| 1 | 24,000 |
| 2 | 32,000 |
| 3 | 16,000 |
| 4 | 7,000 |
| Thereafter | 0 |
It is expected that net working capital will amount to 30% of sales in the following year. For example, the store will need an initial (year-0) investment in working capital of .30 |
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