Examlex

Solved

Kay's Nautique Is Considering a Project Which Will Require Additional

question 90

Multiple Choice

Kay's Nautique is considering a project which will require additional inventory of $128,000 and will also increase accounts payable by $45,000 as suppliers are willing to finance part of these purchases. Accounts receivable are currently $80,000 and are expected to increase by 10% if this project is accepted. What is the initial project cash flow needed for net working capital?


Definitions:

Lancer

A term historically used to refer to a light cavalry soldier armed with a lance, but in modern contexts, it might not have a commonly recognized definition related to the provided key terms.

Modifications

Changes or alterations made to the terms of a contract, agreement, or document after it has been executed.

Personal Purposes

Activities or objectives pursued for an individual’s private benefit or enjoyment rather than for business or professional reasons.

Stolen

Pertains to property taken without permission or legal right and without intending to return it.

Related Questions