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A company has the following information for the year just ended (5 millions): Inventories = 1,800 COGS - 5,600 If it had brought its inventory

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A company has the following information for the year just ended (5 millions): Inventories = 1,800 COGS - 5,600 If it had brought its inventory turnover ratio (based on COGS) up to the industry average of 5.0, How much in additional funding would have been generated in 5 millions)? (Assume the level of COGS is unchanged) Select one: O a. $330 b. $220 O c. $1,120 O d. $680 A company has the following information for the year just ended (5 millions): Inventories = 1,800 COGS = 5,600 If it had brought its inventory turnover ratio (based on COGS) up to the industry have been generated (in $ millions)? (Assume the level of COGS is unchanged.) Select one: O a. $330 O b. $220 O c. $1,120 O d. $680 the year just ended ($ millions): based on COGS) up to the industry average of 5.0, how much in additional funding would se the level of COGS is unchanged.) Next page

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