Weston Distributions has current sales of $1,400,000, current liabilities of $186,000, and net working capital of...

Weston Distributions has current sales of $1,400,000, current liabilities of $186,000, and net working capital of $88,000. The projected sales for next year are $1,540,000. All net working capital accounts change directly with sales. What is the projected value of current assets for next year?

		$292,600
		$314,800
		$273,200
		$286,600
		$301,400

Expert Solution

Working Capital = Current Assets - Current Liabilities

88000= Current Assets-186000

Current Assets = $274000

Increase in sales in % = ($154000-1400000)/1400000
=10%

Current assets for next year = $274000*1.10
=$301400

jeff jeffy answered 3 years ago

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Weston Distributions has current sales of $1,400,000, current liabilities of $186,000, and net working capital of...

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