Beverly corp had total assets of 1200000 in 2010 80, Ask an Expert

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Beverly Corp. had total assets of $1,200,000 in 2010 ( 80 percent of its sales are credit) The company's gross profit margin is 25 percent, its ending inventory is $150,000, and its accounts receivable balance is $90000. What additional amount of cash could the firm have generated if it had increased its inventory turnover ratio to 9.0 and reduced its average collection period to 28.21875 days?

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