If a company has sales of $10 million, a gross profit percentage of 35%, and days in
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If a company has sales of $10 million, a gross profit percentage of 35%, and days in inventory of 110, could you estimate its average inventory? Show your calculations.
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Related Book For
Financial Management Theory and Practice
ISBN: 978-1305632295
15th edition
Authors: Eugene F. Brigham, Michael C. Ehrhardt
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