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Data on Shin Inc for 2011 are shown below, the firms new CFO believes the company should reduce its inventory enought to reduce its ICP to the

Data on Shin Inc for 2011 are shown below, the firms new CFO believes the company should reduce its inventory enought to reduce its ICP to the benchmark average, if this were done how much would inventories decline, use a 365 day year
Cost of good sales=82,000
Inventory=20,000
ICP=89.02
Benchmark ICP=38.00

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Data on Shin Inc for 2011 are shown below, the firms new CFO believes the company should reduce its inventory
enought to reduce its ICP to the benchmark average, if this were done how much would...

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