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1. This year, ABC had sales of $18,950,000 and an Inventory Turnover Ratio (Sales Basis) of 8.7. ABC projects that next year, its sales will grow by 10 percent while its Inventory Turnover Ratio (Sales Basis) will drop to 8.4. If that happens, what will be the total dollar change in inventory between this year and next year?
2. ABC Company's Accounts Receivable Turnover Ratio is 9.1. If sales increase this year from 409,000 to 568,000 and the Accounts Receivable Turnover Ratio stays the same, by how much will Accounts Receivable increase this year?.
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In this essay, we are going to discuss the issues of financial management in a non-profit organisation.
Evaluate venture's present value, cash and surplus cash and basic venture capital.
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In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).
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