Assuming that actually occurs what is the forecast change


ABC expects to drop from $17,990,000 to $15,238,000 in sales next year as the gross profit margin increases from 40.6 percent to 50.9 percent following a series of price increases for their core products. The Days of Accounts Receivable is forecast to change from 10.7 days to 13.5 days and the Days of Inventory is forecast to change from 30.2 days to 35.3 days. Those changes will be partially offset by an anticipated change in the Days of Accounts Payable from 27.9 days to 30.4 days. Assuming that actually occurs, what is the forecast change in the net operating working capital. If your answer is negative, be sure to include the negative sign.

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Financial Management: Assuming that actually occurs what is the forecast change
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