Saturday 10 November 2012

A Co. has a net sales to Inv ratio of 4.0 with a total sales of $3,500,000. The industry average is 8.4. The Co. has $875,000 of inventory. How much extra inventory do they have? A. $417,000 B. $395,000 C. $451,000 D. $475,000 E. $218,750

A Co. has a net sales to Inv ratio of 4.0 with a total sales of $3,500,000. The industry average is 8.4. The Co. has $875,000 of inventory. How much extra inventory do they have? A. $417,000 B. $395,000 C. $451,000 D. $475,000 E. $218,750

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