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Question
Hunter's Hut is considering a project that will require additional inventory of $48,000 and will increase accounts payable by $22,000. Accounts receivable is currently $297,000 and is expected to increase by four percent if this project is accepted. What is the project's initial cash flow for net working capital?
A) −$37,880
B) −$81,880
C) −$42,250
D) −$66,550
E) −$27,550
Answer
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Related questions
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Q:
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E) ex-rights date.