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Find what the annual savings for alatiris

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Reference no: EM132767512

Alatiris has a cash conversion cycle of 70 days. Annual outlays are 13 million and the cost of negotiated financing is 13 percent, 360 days a year.

Problem 1: If the firm increases its average age of inventory by 10 days and reduces its average age of receivable by 12 days, the annual savings is

Reference no: EM132767512

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