Business, 29.07.2019 16:00 katswindle11

Haberdash inc. last year reported sales of $12 million and an inventory turnover ratio of 3. the company is now adopting a just-in-time inventory system. if the new system is able to reduce the firm's inventory level and increase the firm's inventory turnover ratio to 7.5, while maintaining the same level of sales, how much cash will be freed up?

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Haberdash inc. last year reported sales of $12 million and an inventory turnover ratio of 3. the com...

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