Question
: CASH INFLOW FROM WORKING CAPITAL ACCOUNTS How much additional cash could a company obtain from its working capital accounts if it can improve its
: CASH INFLOW FROM WORKING CAPITAL ACCOUNTS
How much additional cash could a company obtain from its working capital accounts if it can improve its inventory turnover by 0.2 times and average collection period by 5 days? The companys inventories are $500,000, and trade receivables are $250,000. The companys revenue is estimated at $1.8 million and cost of sales at $900,000.
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Money Talks Explaining How Money Really Works
Authors: Nina Bandelj ,Frederick F. Wherry ,Viviana A. Zelizer
1st Edition
0691202893, 978-0691202891
