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The following information pertains to two competitors, Splish Brothers Inc. and Sunland Ltd. Beginning Ending Cost of Company Inventory Inventory Goods Sold Splish Brothers Inc.
The following information pertains to two competitors, Splish Brothers Inc. and Sunland Ltd. Beginning Ending Cost of Company Inventory Inventory Goods Sold Splish Brothers Inc. $150,400 $225,600 $1,368,640 Sunland Ltd. $656,880 $421,120 $1,961,960 Splish Brothers Inc. reported sales revenue of $1,880,000, and Sunland Ltd. reported sales revenue of $4,900,000.& Your answer is incorrect. Estimate the capital that Splish Brothers could free up if it were to reduce its days to sell inventory ratio by 5 days. (Round days in inventory to 2 decimal places. Enter amount in thousands rounded to O decimal places, e.g. 125.) Capital that can be freed up $ thousand
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