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( only question 5 - 7 ) based on the information and problem 5 6 assume that booth has just completed a review of its

(only question 5-7) based on the information and problem 56 assume that booth has just completed a review of its net operating working capital policies and found that it can reduce itsDSO 260 and achieve an inventory turnover of 4.57 without impacting sales or profits based on a cost of goods sold of 1,600.
r a)ecalculate the additional funds both requires to achieve its growth Target
b) assume both needs 360 in additional funds for problem 56 using your answer in part a how much less will Booth pay in future interest costs annually given a 9% interest rate on all additional fundsborrowed. (answer key a=239 and b=10.89
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