(Activity ratios) The following financial information is for Ambroise Industries Inc.:

Ambroise is a distributor of auto parts operating in eastern Ontario that offers 30-day terms and has all sales on credit. The company has a large inventory due to the number of parts it stocks for different makes and models of cars. Most of its suppliers offer terms of 30 days, and Ambroise tries to stay on good terms with its suppliers by paying on time.

Assume that Ambroise finances its inventory with a working capital loan from the bank. If Ambroise could improve its inventory management system and reduce the days to sell inventory to an average of 55 days, how much lower would the company's bank loan be? (Round answer to 0 decimal places, eg. 45,482.) $ Company's bank loan would be e Textbook and Media Question Part Score --/20 Assume that Ambroise finances its inventory with a working capital loan from the bank. If Ambroise could improve its inventory management system and reduce the days to sell inventory to an average of 55 days, how much lower would the company's bank loan be? (Round answer to 0 decimal places, eg. 45,482.) $ Company's bank loan would be e Textbook and Media Question Part Score --/20