Data on Shin Inc

question 118

Multiple Choice

Data 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.

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

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Definitions:

True To False Transition

refers to the change of a digital signal or condition from a true (high, active) state to a false (low, inactive) state.

Retentive Timer

A type of timer in programmable logic controllers (PLCs) that retains its value even when the power is turned off or when the device is in an idle state.

Retentive Timers

Timers that retain their value even after the controlling input is turned off, allowing them to resume timing from the same point when reactivated.