Multiple Choice
Used Auto Sales has sales for this year of $418,000,current liabilities of $190,400,and net working capital of $21,700.The projected sales for next year are $450,000.All current accounts change directly with sales.What is the projected value of current assets for next year?
A) $200,306.56
B) $204,013.11
C) $192,626.23
D) $228,337.32
E) $205,706.56
Correct Answer:

Verified
Correct Answer:
Verified
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