XYZ companys annual sales for its products is 5000 units and its average inventory is 500 units.
Question:
XYZ company’s annual sales for its products is 5000 units and its average inventory is 500 units.
a. Compute the company’s inventory turns.
b. If XYZ decides to increase its inventory turns, how will this affect
(increase or decrease) the following?
i. Response time to customers ii. Inventory capital iii. Days of inventory iv. ROA v. Cash-to-cash cycle vi. Working capital
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Step by Step Answer:
XYZ Company Inventory Analysis a Inventory Turns We can calculate the inventory turns using the foll...View the full answer
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