A company has $20 million in cost of goods sold and an inventory turnover ratio of 2.0.
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A company has $20 million in cost of goods sold and an inventory turnover ratio of 2.0. If it can reduce its inventory and improve its inventory turnover ratio to 2.5 with no loss in units sold and no change in cost of goods sold, by how much will FCF increase?
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To calculate the increase in Free Cash Flow FCF resulting from the improvement in inventory turnover ...View the full answer
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Related Book For 
Intermediate Financial Management
ISBN: 9781337395083
13th Edition
Authors: Eugene F. Brigham, Phillip R. Daves
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