{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-24T10:08:44-04:00", "answer_date": "2024-05-24 10:08:44", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1624203", "url": "\/study-help\/questions\/use-the-following-information-to-calculate-the-additional-fundsneeded-for-1624203", "question_creation_date_js": "2024-05-24T10:08:44-04:00", "question_creation_date": "May 24, 2024 10:08 AM", "meta_title": "[Solved] Use the following information to calculat | SolutionInn", "meta_description": "Answer of - Use the following information to calculate the additional fundsneeded for working capital: Revenues are $90,000 in the | SolutionInn", "meta_keywords": "information,additional,fundsneeded,working,capital,revenues,$90,000,current,year,s,expected,equal", "question_title_h1": "Use the following information to calculate the additional fundsneeded for working capital: Revenues are $90,000 in the current year Next year's revenues are expected to", "question_title": "Use the following information to calculate the additional fundsneeded for working capital:", "question_title_for_js_snippet": "Use the following information to calculate the additional fundsneeded for working capital Revenues are $90,000 in the current year Next year's revenues are expected to equal $100,000 Receivables are usually 20 Inventory is usually 10 of revenues Payables are usually 5 of revenues a $25,000 b $22,500 c $3,000 d $2,500", "question_description": "

Use the following information to calculate the additional fundsneeded for working capital:<\/p>

Revenues are $90,000 in the current year<\/p>

Next year's revenues are expected to equal $100,000<\/p>

Receivables are usually 20%<\/p>

Inventory is usually 10% of revenues<\/p>

Payables are usually 5% of revenues<\/p>

a. $25,000 b. $22,500 c. $3,000 d. $2,500<\/p><\/div>", "transcribed_text": "", "related_book": { "title": "The Changing Geography Of Banking And Finance", "isbn": "1441947205, 978-1441947208", "edition": "1st Edition", "authors": "Pietro Alessandrini ,Michele Fratianni ,Alberto Zazzaro", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/2024\/03\/66050c9f889e3_94366050c9f62f22.jpg", "uri": "\/textbooks\/the-changing-geography-of-banking-and-finance-1st-edition-978-1441947208-260622", "see_more_uri": "" }, "free_related_book": { "isbn": "140958304X", "uri": "\/textbooks\/first-thousand-words-in-spanish-1st-edition-978-1409583042-387764", "name": "First Thousand Words In Spanish", "edition": "1st Edition" }, "question_posted": "2024-05-24 10:08:44", "see_more_questions_link": "\/study-help\/questions\/business-banking-2021-September-12", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/from-the-work-sheet-prepare-the-following-1-closing-entries", "description": "From the work sheet, prepare the following: 1. 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