Data on Shin Inc for Last Year Are Shown Below,along

question 73

Multiple Choice

Data on Shin Inc for last year 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:

Negative Self-talk

Refers to the inner dialogue that criticizes or demeans oneself, often leading to decreased motivation and self-esteem.

Self-efficacy

An individual's belief in their own capacity to execute behaviors necessary to produce specific performance attainments.

Pessimistic View

An outlook characterized by the expectation that unfavorable outcomes are likely to occur in a situation or the future.

Self-confident

The state of being secure in oneself and one's abilities, characterized by assertiveness and self-assurance.