Soenen Inc ?
A) $1,467
B) $1,906
C) $1,810
D) $2,058
E)

question 105

Multiple Choice

Soenen Inc.had the following data for last year (in millions) .The new CFO believes that the company could improve its working capital management sufficiently to bring its net working capital and cash conversion cycle up to the benchmark companies' level without affecting either sales or the costs of goods sold.Soenen finances its net working capital with a bank loan at an 8% annual interest rate,and it uses a 365-day year.If these changes had been made,by how much would the firm's pre-tax income have increased? Do not round your intermediate calculations. $\begin{array}{lr}&\text { Original Data}&\text { Related CCC}&\text { Benchmarks' CCC }\\\text { Sales } & \$ 99,000 \\\text { Cost of goods sold } & \$ 80,000 \\\text { Inventory (ICP) } & \$ 20,000 &91.25&38.00\\\text { Receivables (DSO) } & \$ 16,000&58.99&20.00 \\\text { Payables (PDP) } & \$ 5,000&22.81&30.00\\&&127.43&28.00\end{array}$
?

• A) $1,467
• B) $1,906
• C) $1,810
• D) $2,058
• E) $1,849

Comprehend the factors contributing to memory improvement with age and the overarching role of memory in cognition.

Understand the prerequisites of effective cognitive therapies in children, with a focus on metacognitive skills.

Grasp the contributions of NeoPiagetian theories to the understanding of cognitive development.

Understand memory strategies and their applications in enhancing memory recall.

---

Definitions:

Public Company Accounting Oversight Board

An organization established to oversee the audits of public companies in order to protect investors and the public interest by promoting informative, accurate, and independent audit reports.

Sanctions

Penalties or measures imposed by a government or organization to enforce obedience or deter unacceptable behavior.

Disciplinary Proceedings

The formal process through which an organization or institution addresses and corrects violations of rules or codes of conduct by its members or employees.

Civil Monetary Penalties

Fines imposed by government agencies for violations of certain regulations or laws.