Problems Use the summarized financial information for The J. Willis Holding Company (JWHC) shown in the table below.for problems through4. Last Year Current Year Revenues $5,700.00 $5,050.00 CGS $4,560.00 $4,040.00 Cash & Equivalents Accounts Receivable Inventory $714.80 $500.00 $300.00 $120.00 $500.00 $340.00 Accounts Payable Accruals Notes Payable $320.00 $40.00 $70.00 $300.00 $50.00 $60.00 4. If the CFO of JWHC wants the firm to target a WCR of so, then what change in current operating assets is required all else constant)? |