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kenny6666 [7]
3 years ago
7

The Card Shoppe needs to maintain 18 percent of its sales in net working capital. Currently, the store is considering a four-yea

r project that will increase sales from its current level of $279,000 to $308,000 the first year and to $314,000 a year for the following three years of the project. What amount should be included in the project analysis for net working capital in Year 4 of the project?
Business
1 answer:
mylen [45]3 years ago
0 0

Answer:

$56,520

Explanation:

As per given data

Year     Sales          Working Capital 18%

   0      $279,000   ($50,220)

   1       $308,000   ($5,220)

   2      $314,000    ($1,080)

   3      $314,000    $0

   4      $314,000   $56,520

As the sales value of year 2, 3 and 4 are same, as capital is adjusted in year 2 and company has equal working capital required in year 3, years 4 is the last year of the project so, working capital will be recovered from the project

Net Working capital will be reimbursed at the end of the project. The accumulated value of investment in working capital will be recorded as cash inflow in the analysis.

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Explanation:

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8 0
3 years ago
Malcolm Industries recently hired a large number of workers for the company's new construction factory in Colorado. During the h
Arturiano [62]

The complete question should have been:

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A.) Age

B.) Values

C.) Beliefs

D.) Religion

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Answer: Age.

Explanation:

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8 0
3 years ago
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inysia [295]

Answer:

Self selection.

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In this scenario, advertising relies on self selection.

5 0
3 years ago
Bjorn felt that the focus groups did not give him enough quantitative information to make a decision, so he directed his manager
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3 years ago
Auto Industries Company reported the following on its income statement:
AleksandrR [38]

Answer:

Option c. 5.25 times is the correct answer.

Explanation:

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Interest earned ratio = 5.25 times

Option c. 5.25 times is the correct answer.

7 0
3 years ago
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