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Used Auto Sales has sales for this year of $418,000, current liabilities of $190,400, and net working capital of $21,700. The projected sales for next
Used Auto Sales has sales for this year of $418,000, current liabilities of $190,400, and net working capital of $21,700. The projected sales for next year are $450,000. All current accounts change directly with sales. What is the projected value of current assets for next year?
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