What additional amount of cash could the firm

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Beverly Corp. had total assets of $1,200,000 in 2010 ( 80 percent of its sales are credit) The company's gross profit margin is 25 percent, its ending inventory is $150,000, and its accounts receivable balance is $90000. What additional amount of cash could the firm have generated if it had increased its inventory turnover ratio to 9.0 and reduced its average collection period to 28.21875 days?

Reference no: EM13977815

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