34 Brennan\'s Boats is considering a project which will require additional inven
ID: 2622666 • Letter: 3
Question
34 Brennan's Boats is considering a project which will require additional inventory of $128,000 and will also increase accounts payable by $47,000 as suppliers are willing to finance part of these purchases. Accounts receivable are currently $85,000 and are expected to increase by 10% if this project is accepted. What is the initial project cash flow needed for net working capital? $88,000 $79,500 $96,500 $190,300 $190,500 34 Brennan's Boats is considering a project which will require additional inventory of $128,000 and will also increase accounts payable by $47,000 as suppliers are willing to finance part of these purchases. Accounts receivable are currently $85,000 and are expected to increase by 10% if this project is accepted. What is the initial project cash flow needed for net working capital? $88,000 $79,500 $96,500 $190,300 $190,500 Brennan's Boats is considering a project which will require additional inventory of $128,000 and will also increase accounts payable by $47,000 as suppliers are willing to finance part of these purchases. Accounts receivable are currently $85,000 and are expected to increase by 10% if this project is accepted. What is the initial project cash flow needed for net working capital? $88,000 $79,500 $96,500 $190,300 $190,500 $88,000 $79,500 $96,500 $190,300 $190,500 $88,000 $79,500 $96,500 $190,300 $190,500Explanation / Answer
$190,500