Kay's Quilts is considering a project that will require additional inventory of $138,000,increase accounts payable by $55,000 and increase accounts receivables by 10 percent.Accounts receivable is currently $80,000.What is the net working capital requirement?
A) $201,000
B) $91,000
C) $99,000
D) $136,000
E) $181,000
Correct Answer:
Verified
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