In Problem 21, if inventory turnover had only been 4 times: a. What would be the new

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In Problem 21, if inventory turnover had only been 4 times:

a. What would be the new value for inventory investment?

b. What would be the return on investment? You need to recompute the total investment and the total costs of the campaign to work toward computing income after taxes. Should the campaign be undertaken?

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Foundations of Financial Management

ISBN: 978-0077454432

14th edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen

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