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help with the above please Consider the operations of a manufacturing company that operates 340 days a year. On average it takes 55 days to
help with the above please
Consider the operations of a manufacturing company that operates 340 days a year. On average it takes 55 days to sell a piece of inventory. All its products are marked up by 12%; vendors are paid cash, sales are cash and all capital is borrowed @ 33 %. Answer the following as indicated. Case 1: The invnetory turnover ratio, ITR = The annual rate of return on capital after interest payment Case 2: Now suppose that it pays its vendors after approximayely 11 days. Under this change, the annual rate of return on capital after interest payment =Step by Step Solution
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