Question
Assuming the company will have the same inventory days in 2018 and 2019. What is the forecasted inventory in 2019 based on the information below?
Assuming the company will have the same inventory days in 2018 and 2019. What is the forecasted inventory in 2019 based on the information below?
2018 Revenue6,500
2019 Revenue7,600
2018 Cost of sales 3,800
2019 Cost of sales4,100
2018 Inventory1,500
A. 1,753.8
B. 1,528.6
C. 1,944.4
D. 1,618.4
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
9th Edition
73530700, 978-0073530703
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