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Efrin Inc. currently creates $345,000 of sales from the energy efficient light bulbs. A new campaign is expected to increase next year's sales by 8% and the company projects to lower their average collection period from 42 days to 39 days. They also predict that it would not affect the other working capital items. What would be the change in NWC that will result for Efrin as a result of this new campaign? (Do not use the $ sign. if your answer is $123,456.78, then enter 123456.78) Numeric Response

Efrin Inc. currently creates $345,000 of sales from the energy efficient light bulbs. A new campaign is expected to increase next year's sales by 8% and the company projects to lower their average collection period from 42 days to 39 days. They also predict that it would not affect the other working capital items. What would be the change in NWC that will result for Efrin as a result of this new campaign? (Do not use the $ sign. if your answer is $123,456.78, then enter 123456.78) Numeric Response

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Efrin Inc. currently creates $345,000 of sales from the energy efficient light bulbs. A new campaign is expected to increase next year's sales by 8% and the company projects to lower their average collection period from 42 days to 39 days. They also predict that it would not affect the other working capital items. What would be the change in NWC that will result for Efrin as a result of this new campaign? (Do not use the $ sign. if your answer is $123,456.78, then enter 123456.78) Numeric Response
Transcribed Image Text:Efrin Inc. currently creates $345,000 of sales from the energy efficient light bulbs. A new campaign is expected to increase next year's sales by 8% and the company projects to lower their average collection period from 42 days to 39 days. They also predict that it would not affect the other working capital items. What would be the change in NWC that will result for Efrin as a result of this new campaign? (Do not use the $ sign. if your answer is $123,456.78, then enter 123456.78) Numeric Response
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