If, in 1999, General Mills’ business performed as reported
If, in 1999, General Mills’ business performed as reported but had… If, in 1999, General Mills’ business performed as reported but had an ITO of 7.8 instead of 6.1, how much less cash would have been tied up in inventory? What would its new ROA have been if this cash was used to pay down debt. Assume a marginal tax rate of 30% on income and an interest rate of 3% on debt. (Their net profit was 534.5 million and their total assets were 4140.7 million. COGS is 2593.5million, Inventory is 426.7million)Business Management MKT MISC
How it works
- Paste your instructions in the instructions box. You can also attach an instructions file
- Select the writer category, deadline, education level and review the instructions
- Make a payment for the order to be assignment to a writer
- Download the paper after the writer uploads it
Will the writer plagiarize my essay?
You will get a plagiarism-free paper and you can get an originality report upon request.
Is this service safe?
All the personal information is confidential and we have 100% safe payment methods. We also guarantee good grades