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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 $190,500

Explanation / Answer

$190,500

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