The Introduction of a New Product at Elia Pharmaceuticals Will

Multiple Choice

The introduction of a new product at Elia Pharmaceuticals will require a $450,000 increase in inventory, a $730,000 increase in Accounts Receivable, and a $180,000 increase in Accounts Payable. Introduction of the product will also require a $700,000 expenditure for advertising. The increase in net working capital required for the introduction of this product is

A) $1,180,000.
B) $1,000,000.
C) $1,360,000.
D) $1,700,000.