a. If a firms inventory level of $10,000 represents 30 days sales, what is the annual cost

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a. If a firm’s inventory level of $10,000 represents 30 days’ sales, what is the annual cost of goods sold?
b. What is the inventory turnover ratio?

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Fundamentals Of Corporate Finance

ISBN: 9781264101566

11th Edition

Authors: Richard A. Brealey, Stewart C. Myers, Alan J. Marcus

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Question Posted: Jan 10, 2023 02:26 AM

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a. If a firms inventory level of $10,000 represents 30 days sales, what is the annual cost

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a Annual cost of goods sold 10000 x 36530 121667 b ...View the full answer

Fundamentals Of Corporate Finance

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