FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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the following table tracks the main components of net working capital over the life of a 4-year project. calculate the investment in net working capital in year 3. in the presented answers, a negative number represents a cash outflow (additional investment) and a positive number represents a cash inflow (recapture of a previous investment).

  year 1 year 2 year 3  year 4 year 5
Accounts receivable 0 156,000 231,000 196,000 0
inventory 78,000 133,000 133,000 98,000 0
accounts payable 26,500 51,500 53,000 36,500 0
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