Boys the beach where is adding a new product to add sales line up. Initially, th

Question

Boys the beach where is adding a new product to add sales line up. Initially, the firm will stop $22,000 of inventory which we purchased on 30 days credit from its suppliers the firm also invest 16,000 accounts receivable and 54,000 equipment what amount should be included in the initial cost for networking capital? Boys the beach where is adding a new product to add sales line up. Initially, the firm will stop $22,000 of inventory which we purchased on 30 days credit from its suppliers the firm also invest 16,000 accounts receivable and 54,000 equipment what amount should be included in the initial cost for networking capital?

Explanation / Answer

Calculation of initial cost for networking capital:

Investment in Inventory

$     22,000

Add: Investment in Accounts Receivables

$     16,000

Initial cost for networking capital

$     38,000

Calculation of initial cost for networking capital:

Investment in Inventory

$     22,000

Add: Investment in Accounts Receivables

$     16,000

Initial cost for networking capital

$     38,000

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