Part B

Directions: Click the Case Link above and use the information provided in Hearth and Home, Part B$,$

to answer this question:

What effect did the change in inventory days on hand in $20Y3$ have on Hearth and Home's financing

needs? $($Round your days on hand calculation to two decimal places.$)$

Financing needs decreased by approximately $$33,000.$

Financing needs increased by approximately $$33,000.$

Financing needs decreased by approximately $$4,000.$

Financing needs increased by approximately $$4,000.$