$5 million in inventory and $2.1 million of account receivable, average daily sales were $120,000, payable deferral period is 30 days with total account payable of $1,200,000. Company expected to increase its payable deferral period to 35 days and decrease its inventory conversion to 100 days. how much will the company expect its free cash flow to increase with the changes in place? days sales outstanding remains the same. show work
$5 million in inventory and $2.1 million of account receivable, average daily sales were $120,000, payable deferral period is 30 days with total account payable of $1,200,000. Company expected to increase its payable deferral period to 35 days and decrease its inventory conversion to 100 days. how much will the company expect its free cash flow to increase with the changes in place? days sales outstanding remains the same. show work
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The post $5 million in inventory and $2.1 million of account receivable, average daily sales were $120,000, payable deferral period is 30 days with total account payable of $1,200,000. Company expected to increase its payable deferral period to 35 days and decrease its inventory conversion to 100 days. how much will the company expect its free cash flow to increase with the changes in place? days sales outstanding remains the same. show work appeared first on Superb Professors.
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