On Shin Inc

question 63

Multiple Choice

on Shin Inc.for 2008 are shown below, along with the inventory conversion period (ICP) of the firms against which it benchmarks.The firm's new CFO believes that the company could reduce its inventory enough to reduce its ICP to the benchmarks' average.If this were done, by how much would inventories decline? Use a 365-day year.
Cost of goods sold =$85,000
Inventory =$20,000
Inventory conversion period (ICP) =85.88
Benchmark inventory conversion period (ICP) =38.00

• A)$ 7,316
• B)$ 8,129
• C)$ 9,032
• D)$10,036
• E)$11,151

Describe the skin’s involvement in the synthesis of vitamin D.

Understand the mechanisms of skin repair and the significance of scars.

Identify the normal and abnormal characteristics of skin moles.

Recognize the primary warning signs of cancer as recommended by the American Cancer Society.

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