Question
The following table tracks the main components of working capital over the life of a four-year project. 2019 2020 2021 2022 2023 Accounts receivable 0
The following table tracks the main components of working capital over the life of a four-year project.
| 2019 | 2020 | 2021 | 2022 | 2023 | |
| Accounts receivable | 0 | 172,000 | 247,000 | 212,000 | 0 |
| Inventory | 86,000 | 141,000 | 141,000 | 106,000 | 0 |
| Accounts payable | 30,500 | 55,500 | 61,000 | 40,500 | 0 |
Calculate net working capital and the cash inflows and outflows due to investment in working capital. (Negative answers should be indicated by a minus sign.)
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Personal Finance
Authors: Jeff Madura, Hardeep Singh Gill
3rd Canadian Edition
978-0133035575, 133035573, 978-0133970524, 133970523, 978-0134040042
