Amalgamated Widgets Inc. has $300 million in sales. The firm wants to improve its accounts receivable...
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Amalgamated Widgets Inc. has $300 million in sales. The firm wants to improve its accounts receivable turnover ratio from 4.0 to 5.0. If the new turnover ratio is reached, what will be the change in free cash flow to the firm (FCFF)? Round your answer to the nearest million dollars (no decimals). Amalgamated Widgets Inc. has $300 million in sales. The firm wants to improve its accounts receivable turnover ratio from 4.0 to 5.0. If the new turnover ratio is reached, what will be the change in free cash flow to the firm (FCFF)? Round your answer to the nearest million dollars (no decimals).
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Related Book For
Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
Posted Date:
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