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Working capital cash flow. Cool? Water, Inc. sells bottled water. The firm keeps in inventory plastic bottles at 9?% of the monthly projected sales. These plastic bottles cost ?$0.005 each. The monthly sales for the first four months of the coming year are as? follows:
January: 2,000,000
?February: 2,300,000
March: 2,900,000
April: 3,000,000
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.
What is the change in working capital for January? (Round to the nearest dollar)
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