Question: a. The following table shows nancial data (year 2009) for two US retailers: Save-A-Lot Retailers and Wally's Mart. Assume that both companies have an average

a. The following table shows nancial data (year 2009) for two US retailers: Save-A-Lot Retailers and Wally's Mart. Assume that both companies have an average annual holding cost rate of 20% (Le. it costs both retailers $2 to hold an Item for one entire year that they procured for $10). Save-A-Lot Wally's Mart inventories (SMM) 5,743 40,694 Sales (net $MM) 59,217 397,206 COGS ($MM) 53,962 316,606 How many days, on average, does a product sra y In 5a ve-A-Lot's inventory before It [5 sold? Assume that stores operate 355 days a year. 99@m60633
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