Question: ? _ _ P a r r a m o r e C o r p h a s $ 1 0 m i l
IfP a r r a m o r e c o u l d l o w e r i t s i n v e n t o r i e s a n d r e c e i v a b l e s by1 0 % e a c h a n d i n c r e a s e i t s p a y a b l e s by1 0 % , a l l w i t h o u t a f f e c t i n g s a l e s or cost ofg o o d s s o l d , w h a t w o u l d bet h e n e w CCC? Don o t r o u n d i n t e r m e d i a t e c a l c u l a t i o n s . R o u n d y o u r a n s w e r tot w o d e c i m a l p l a c e s .
Byh o w m u c h w o u l d p r e t a x p r o f i t s c h a n g e , ifP a r r a m o r e c o u l d l o w e r i t s i n v e n t o r i e s a n d r e c e i v a b l e s by1 0 % e a c h a n d i n c r e a s e i t s p a y a b l e s by1 0 % , a l l w i t h o u t a f f e c t i n g s a l e s or cost ofg o o d s s o l d ? Don o t r o u n d i n t e r m e d i a t e c a l c u l a t i o n s . R o u n d y o u r a n s w e r tot h e n e a r e s t c e n t . W r i t e o u t y o u r a n s w e r c o m p l e t e l y . F o r E x a m p l e , 1 3 . 2 m i l l i o n s h o u l d bee n t e r e d as1 3 , 2 0 0 , 0 0 0 .
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