Reference no: EM132675089

Problem 1: A plant has 6,000 male and 4,000 female employees. 20% of these employees work overtime. A random sample of 100 plant employees would be expected to contain about: Female: ______

Problem 2: Suppose WWW's financial consultants report (1) that the inventory turnover ratio is Sales / Inventory = 3 times versus an industry average of 4 times, (2) that WWW can reduce inventories and thus raise its turnover to 4 without affecting sales, the profit margin, or the other asset turnover ratios. Under those conditions, use the AFN equation to determine the amount of additional funds WWW will require next year if sales grow by 20%.