Question
In: Finance
Cool Water, Inc. sells bottled water. The firm keeps in inventory plastic bottles at 12% of...
Cool Water, Inc. sells bottled water. The firm keeps in inventory plastic bottles at 12% of the monthly projected sales. These plastic bottles cost $0.004 each. The monthly sales for the first four months of the coming year are as follows:
January: 1,900,000
February: 2,200,000
March: 2,700,000
April: 3,100,000
What is the monthly increase or decrease in cash flow for inventory given that an increase is a use of cash and a decrease is a source of cash? Note: Enter a decrease as a negative number.
A) What is the change in working capital for January?
B) What is the change in working capital for February?
C) What is the change in working capital for March
Solutions
jeff jeffy answered 1 year agoRelated Solutions
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known water bottling company. The water bottling company's
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