How much cash will be freed up

Assignment Help Finance Basics
Reference no: EM131103471

Williams & Sons last year reported sales of $10 million and an inventory turnover ratio of 2. The company is now adopting a new inventory system. If the new system is able to reduce the firm's inventory level and increase the firm's inventory turnover ratio to 5, while maintaining the same level of sales, how much cash will be freed up?

Reference no: EM131103471

Questions Cloud

Coefficient of variation of the service time : At a bank, the tellers on average take 10 minutes per customer, with a standard deviation of 7 minutes. What is the coefficient of variation of the service time?
Analyzing world cultures : Media play a very large role in both the development and the perpetuation of cultural elements. You may never have watched a foreign movie or even clips evaluating other cultures.
Implementation of renewable energy technology : Describe how technological advancements have facilitated the implementation of renewable energy technology.
A company and discuss which bcg category : Choose a company and discuss which BCG category (star, cash cow, dog, or question mark) would apply and why. Analyze whether it is always possible or desired to be in any one category at all stages of a company's evolution, and whether every comp..
How much cash will be freed up : Williams & Sons last year reported sales of $10 million and an inventory turnover ratio of 2. The company is now adopting a new inventory system. If the new system is able to reduce the firm's inventory level and increase the firm's inventory turnove..
Impact of the product life cycle : For your Individual Assignment, write an analysis of the impact of the product life cycle on the development of logistics and distribution strategy for one or more products in your organisation or one with which you are familiar.
Define entrepreneurship : (i) Define Entrepreneurship. (ii) Write any two organizations name those are working for entrepreneurship development? (iii) Write any two types of entrepreneurial competencies?
What kinds of firms use commercial paper? : What kinds of firms use commercial paper?
Process stage and the number of machines : Determine the hourly capacity of each process stage and the number of machines needed to meet an output rate of 30,000 units per hour. How does facility layout impact your numerical analysis and process efficiency? Explain.

Reviews

Write a Review

Finance Basics Questions & Answers

  Which one of the following projects should you accept

Which one of the following projects should you accept?

  What is the equivalent cash price of the corolla

What is the equivalent cash price of the Corolla if your only other option is 7.5% APR monthly using Bank financing, and Al's will not discount the $20,000 price?

  Volatility and return characteristics of large stocks

Define and discuss the volatility and return characteristics of large stocks versus large stocks and bonds and what affects they have on pricing risk? Give examples to support your answer.

  Discuss the pros and cons of annuities when compared with

discuss the pros and cons of annuities when compared with other financial instruments and whether they provide a better

  How many phones sold to achieve breakeven point

Fixed manufacturing costs total $1,180 per month, while fixed selling and administrative costs total $2,240. How many phones must be sold to achieve the breakeven point?

  Appropriate to the level of study

Discipline-specific knowledge and capabilities: appropriate to the level of study related to a discipline or profession.

  What is your own understanding of why apple inc is holding

What is your own understanding of why Apple Inc is holding $76.156 billion in cash and marketable securities? Can you relate Apple's decision to financial management theories? Provide your original discussion and example.

  Find tinas personal umbrella policy

Explain how much will the insurer pay under Tina's personal umbrella policy?

  What is the effective annual rate on this arrangement

A firm sells its $1,120,000 receivables to a factor for $1,075,200. The average collection period is 1 month. What is the effective annual rate on this arrangement? (Round your intermediate calculations to 4 decimal places. Round your answer to 2 ..

  Time value of money-questions

Find out the amount that should be deposited now at compound interest to provide the desired sum for each of the following:

  Grippers expects to sell 8500 pairs of shoes for 180 each

preparing an operating budgetgrippers sells its rock-climbing shoes worldwide. grippers expects to sell 8500 pairs of

  Based on your research determine the trend of health care

gdp and healthcare trendsbased on your research determine the trend of health care spending as a percentage of u.s.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd