The industry is now adopting a new inventory system if the, Ask an Expert

Management Studies

Q. Williams and Sons last year reported sales of $10 million and inventory turnover ratio of 2. The industry is now adopting a new inventory system if the new system is able to reduce the organization's inventory level and increase the organization's inventory turnover ratio to 5 while maintaining the same level of sales, explain how much cash will be freed up?

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M9391315

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