Bennington Bicycle Company is considering a project that initially requires additional inventory of $128.000. The project will also intialy decrease accounts payable by $7,000, and accounts receivable will decrease by $56,000. If the tax rate is 35%, what is the initial project cash flow needed for net working capital? O-447.400 O $72,000 O-472.000 O $79.000 O-479,000
Bennington Bicycle Company is considering a project that initially requires additional inventory of $128.000. The project will also intialy decrease accounts payable by $7,000, and accounts receivable will decrease by $56,000. If the tax rate is 35%, what is the initial project cash flow needed for net working capital? O-447.400 O $72,000 O-472.000 O $79.000 O-479,000
Chapter11: The Cost Of Capital
Section: Chapter Questions
Problem 20PROB
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