Data on Shin Inc for 2012 Are Shown Below, Along

question 58

Multiple Choice

Data on Shin Inc for 2012 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.

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

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Definitions:

Osteoporosis

A condition characterized by weakened bones, increasing the risk of sudden and unexpected fractures.

Bone Density

A measure of the amount of minerals (mainly calcium and phosphate) contained in a certain volume of bone, used to diagnose and monitor osteoporosis.

Calcium Supplement

A dietary supplement taken to increase one's intake of calcium, an essential mineral for bone health and metabolic functions.

Crushed Pelvis

An injury where one or more bones in the pelvis are broken under significant force, often leading to serious internal damage.