A company has $20 million in sales and an inventory turnover ratio of 2.0. If it can

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A company has $20 million in sales 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 sales, by how much will FCF increase? ($2 million)

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Financial Management Theory And Practice

ISBN: 9781439078105

13th Edition

Authors: Eugene F. Brigham, Michael C. Ehrhardt

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