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Ingram Inc. had the following data for 2008 (in millions). The new CFO believes that the company could improve its working capital management sufficiently to

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Ingram Inc. had the following data for 2008 (in millions). The new CFO believes that the company could improve its working capital management sufficiently to bring its NWC and CCC up to the benchmark companies' level without affecting either sales or the costs of goods 365-day year. If these changes had been made, by how much would the firm's pre-tax income have increased? sold. Ingram finances its net working capital with a bank loan at an 8% annual interest rate, and it uses a Original Benchmark Data Related CCC Sales $100,000 $80,000 Cost of goods sold 38.00 20.00 30.00 28.00 Inventory (ICP) Receivables (DSO) Payables (PDP) $20,000 $16,000 S5,000 91.25 58.40 22.81 126.84 A. 2,092 B. 2,531 C. 2,489 D. 1,901 Ingram Inc. had the following data for 2008 (in millions). The new CFO believes that the company could improve its working capital management sufficiently to bring its NWC and CCC up to the benchmark companies' level without affecting either sales or the costs of goods 365-day year. If these changes had been made, by how much would the firm's pre-tax income have increased? sold. Ingram finances its net working capital with a bank loan at an 8% annual interest rate, and it uses a Original Benchmark Data Related CCC Sales $100,000 $80,000 Cost of goods sold 38.00 20.00 30.00 28.00 Inventory (ICP) Receivables (DSO) Payables (PDP) $20,000 $16,000 S5,000 91.25 58.40 22.81 126.84 A. 2,092 B. 2,531 C. 2,489 D. 1,901

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