Carter's Gym Supply has an operating cycle of 72.15 days. The company has a goal to increase its inventory turnover from 8.41 times to 9.52 times. What will the company's new operating cycle be if it can achieve this goal? Assume 365 days per year. 1:38 pm
Carter's Gym Supply has an operating cycle of 72.15 days. The company has a goal to increase its inventory turnover from 8.41 times to 9.52 times. What will the company's new operating cycle be if it can achieve this goal? Assume 365 days per year. 1:38 pm
Chapter1: Financial Statements And Business Decisions
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
Transcribed Image Text:Carter's Gym Supply has an operating
cycle of 72.15 days. The company has a
goal to increase its inventory turnover
from 8.41 times to 9.52 times. What will
the company's new operating cycle be if it
can achieve this goal? Assume 365 days
per year.
1:38 pm
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