Floral Shoppes has a new project in mind that will increase accounts receivable by $19,400, increase accounts payable by $4,200, increase fixed assets by $28,000, and decrease inventory by $2,850. All of these items would occur at the project startup (t=0). What is the amount the firm should use as part of the initial investment that is attributable to the change in net working capital when it analyzes this project?
[Your answer should reflect the "change in net working capital". Thus, an overall increase in net working capital should be entered as a positive number. An overall decrease in net working capital should be entered as a negative number. Enter your solution as a whole number -- no decimal places.]
