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A Firm Currently Has Sales of $382,000 and Net Working

Question 55

Multiple Choice

A firm currently has sales of $382,000 and net working capital of $45,840.Assume net working capital changes in direct proportion to sales.What will be the increase in net working capital if sales increase by 8%?


A) $1,222
B) $2,809
C) $3,091
D) $3,667

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