Question: Help Baktoo Basics Lit. Is considering introducing an inventory control system that will increase inventory turnover from 12 to 16 times per year. Its annual

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Baktoo Basics Lit. Is considering introducing an inventory control system that will increase inventory turnover from 12 to 16 times per year. Its annual cost of goods sold is expected to be $7.3 million, and its financing costs are at 15 percent. Should Baktoo Basics consider an expenditure of $24,000 on the new control system? No Yes

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