What cost saving in the coming year are expected to be

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Problem 1: Down Under Company's budgeted sales and budgeted cost of sales for the coming year are P126 million and P72 million, respectively. Short-term interest rates are expected to average 10%. If Down Under can increase inventory turnover from its current level of nine times per year to a level of 12 times per year, its cost saving in the coming year are expected to be

Reference no: EM132893550

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