Determining the projected level of inventory


Williamson Trucking has current sales of $10,000 and a cost of goods sold of $4300. Williamson has projected sales to increase 50% and expects the new cost ratio to decrease by 2% due to increased efficiency. Assuming that Williamson wants to maintain an inventory turnover at 5.0, calculate their projected level of inventory.

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Finance Basics: Determining the projected level of inventory
Reference No:- TGS052032

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