(Solution) - The Winthrop Company is constructing a five year plan The firm -(2025 Original AI-Free Solution)

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The Winthrop Company is constructing a five-year plan. The firm?s ACP is currently 90 days, while its inventory turnover ratio is 3_ based on COGS. The company has forecast aggressive revenue growth along with efficiency improvements in manufacturing and credit and collections as follows. (Year 0 is the current year.)

For each planned year:
a. Calculate the COGS.
b. Calculate the A/R balance at year end.
c. Calculate the inventory balance at yearend.