Heartland Companys budgeted sales and budgeted cost of goods sold for the coming year are...
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Heartland Companys budgeted sales and budgeted cost of goods sold for the coming year are $140,680,000 and $94,500,000, respectively. Short-term interest rates are expected to average 10%. If Heartland can increase inventory turnover from its present level of 8 times a year to a level of 10 times per year. Compute its expected cost savings for the coming year. Expected Cost Savings $
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