If a firms sales are 1500000 and it costs 9 percent to


If a firm's sales are $1,500,000 and it costs 9 percent to carry current assets, what is the potential savings if management can increase inventory turnover from 3 to 4 times a year and increase receivables turnover from 4.5 to 6 times a year?

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Financial Management: If a firms sales are 1500000 and it costs 9 percent to
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