Question
Weston Distributions has current sales of $1,400,000, current liabilities of $186,000, and net working capital of $88,000. The projected sales for next year are $1,540,000.
Weston Distributions has current sales of $1,400,000, current liabilities of $186,000, and net working capital of $88,000. The projected sales for next year are $1,540,000. All net working capital accounts change directly with sales. What is the projected value of current assets for next year?
| $292,600 | ||
| $314,800 | ||
| $273,200 | ||
| $286,600 | ||
| $301,400 |
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Finite Mathematics and Its Applications
Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair
12th edition
978-0134768632
