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Post Company's sales in 2011 were $10,000,000 and its cash cost of good old was $5,500,000. Also in POVL its accounts receivable days on hand
Post Company's sales in 2011 were $10,000,000 and its cash cost of good old was $5,500,000. Also in POVL its accounts receivable days on hand were 3 days and its inventory days on hand were 62 days. The company projects its 2012 set sales will be $11,000,000 and its cash cost of goods sold will be $0,100,000. It is projecting that its accounts receivable days on hand will be 34 days and its inventory days on hand will be 63 days. What would be the impact on Post Company's cash flow of the shortening of its accounts receivable days on hand! A tely $120.000 Awit 1140,000 Aporty 1160.000 Apr 100.000
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