All of Fake Stone's costs and net working capital vary directly with sales. Sales are projected to increase by 3.5 percent. What is the pro forma accounts receivable balance for next year?

A. $1,659.80
B. $1,661.84
C. $1,780.20
D. $1,787.80
E. $1,800.46

Ans: C. $1,780.20

Business

You might also like to view...

When creating a value proposition, the statement should be:

View
Business

If a project's IRR is greater than 0 percent, the project should be accepted

Indicate whether the statement is true or false

View
Business