What is the value of inventory
Problem
A firm has current liabilities of $3000, cash of $1000, and accounts receivable of $500. Days in inventory are 30 days. Suppose the cash burn rate is 20, and SGA expense is $9250. What is the value of inventory?
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Days in inventory are 30 days. Suppose the cash burn rate is 20, and SGA expense is $9250. What is the value of inventory?
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