Question
The finance department has been directed to reduce the cash-to-cash cycle time to 44.8 days. You are the warehouse manager and need to reduce the
The finance department has been directed to reduce the cash-to-cash cycle time to 44.8 days.
You are the warehouse manager and need to reduce the inventory to achieve that goal. Given the following information, what must your inventory level be?
Days in the period: 70
Sales: $14375000
AR: $4740000
AP: $6500000
Cost of Sales: 75.6
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Fundamentals Of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
5th Edition
0135811600, 978-0135811603
