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Required: John Deere's $ 4 billion commercial and consumer equipment division implemented supply chain management software and reduced its inventory by $ 5 0 0
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John Deere's $ billion commercial and consumer equipment division implemented supply chain management software and reduced its inventory by $ million. As sales continued to grow, the company has been able to keep its inventory growth flat.
tableQuestionsSupply chain software allows a business to reduce which of the following balance sheet accounts?If the reduction in inventory reduces the need for warehouses for storing product, which income statementaccounts would this affect?Areduction in inventory frees up cash to reduce longterm debt, which income statement account would thisaffect
Accounts receivable
Cash
Inventory
Notes receivable
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