A company has $20 million in cost of goods sold and an inventory turnover ratio of 2.0.
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A company has $20 million in cost of goods sold and an inventory turnover ratio of 2.0. If it can reduce its inventory and improve its inventory turnover ratio to 2.5 with no loss in units sold and no change in cost of goods sold, by how much will FCF increase?
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Related Book For
Intermediate Financial Management
ISBN: 9781337395083
13th Edition
Authors: Eugene F. Brigham, Phillip R. Daves
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