Refer to the shown circuit diagram. At first at t < 0: With switch S2 kept open, switch S1 is closed and kept closed for sufficiently long time until the current through the circuit has reached its constant value. Then at time instant t = 0: Switch S1 is opened and switch S2 is closed simultaneously. From the following statements, select all that are true.多项选择题
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Pedersen Industries wants to initiate a new project. To facilitate the project, an increase in cash of $20,000 will be required and the firm needs to build up $15,000 in inventory. The firm is expecting revenues of $500,000 per year and cost of goods sold (COGS) of $400,000. Pedersen Industries is expecting that Accounts Receivables (AR) will account for 5% of annual sales and Accounts Payables (AP) will account for 10% of COGS. All these changes will occur in year t=1. What is the incremental cash flow effect from the change in Net Working Capital (NWC) in year 1?
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