Multiple Choice
The Card Shoppe needs to maintain 20 percent of its sales in net working capital.Currently,the shoppe is considering a 6-year project that will increase sales from its current level of $379,000 to $421,000 the first year and to $465,000 a year for the following 5 years of the project.What amount should be included in the project analysis for net working capital in year 6 of the project?
A) -$17,200
B) -$2,990
C) $0
D) $2,990
E) $17,200
Correct Answer:

Verified
Correct Answer:
Verified
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