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题干：在成长'N'辉光制造公司的管理层预期销售在未来一年增加了10％，并已准备了下一年度的资产负债表和损益表（000略）

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财务分析师一直拿公司的预测的经营比例与行业平均水平相比，行业平均的存货周转率是4倍。如果成长'N'发光的存货周转明年的比例要符合行业平均水平，需要额外的资金或追加资金可用公司需要做什么

A.该公司将有额外的1207美元，要么偿还的贷款或投资，而不是需要借提供额外的资金。
B.该公司将有额外2145美元，要么偿还的贷款或投资，而不是需要借提供额外的金。
C.该公司将需要借用643美元而不是938美元。
D.该公司将需要借用295美元而不是938美元。​

考点：​Budget Methodologies and Budget Preparation-The Master Budget Process

关键词：​4 times

解题思路：存货周转率=COGS/平均存货

公司的存货周转率=$72,820 ÷ $20,350=3.8<4

如果要达到4，那么平均存货是72820/4=18205

18205-20350=2145

因此存货释放资金为2145，原来公司需要借938，现在不需要借款反而多了1207资金

The inventory turnover ratio is Cost of Goods Sold ÷ Inventory. Under the current pro forma financial statements, Grow 'n' Glow's inventory turnover ratio is $72,820 ÷ $20,350, which equals 3.58 inventory turns per year. This is worse than the industry average of 4 turns per year. If the company increases its inventory turnover ratio to 4, inventory on the balance sheet would be $72,820 ÷ 4, or $18,205. The difference between $20,350 and $18,205 is $2,145. At present, the company expects to need to increase its borrowing by $938 to support its increased sales. However, if it can increase its inventory turnover to 4 times, thereby decreasing its inventory level to $18,205, it will free up $2,145 in cash. Instead of needing to borrow $938, the company will have $2,145 ? $938, or $1,207 in cash available to either invest or to use to pay down loans.

This is the amount of cash that would be freed up if the company can increase its inventory turnover ratio to 4. However, it is not what the company's position would be with respect to additional funds needed or additional funds available.
This is the amount of additional funds needed minus the difference between the inventory level if the inventory turnover ratio were 4 and the inventory level the previous year (calculated as $20,350 ÷ 1.10).
This is the difference between the inventory level if the inventory turnover ratio were 4 and the inventory level the previous year (calculated as $20,350 ÷ 1.10).