Boyes beach wear is adding a new product to its sales, Ask an Expert

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Boyes Beach Wear is adding a new product to its sales lineup. Initially, the firm will stock $29,000 of inventory, which will be purchased on 30-days credit from its supplier. The firm will also invest $23,000 in accounts receivable and $87,000 in equipment. What amount should be included in the initial costs for net working capital?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91670970

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