Question: Help pls, I cannot figure this out. AMETEK has cost of goods sold of $2,102 million and annual turns of 4.901. Their holding cost is
Help pls, I cannot figure this out.
AMETEK has cost of goods sold of $2,102 million and annual turns of 4.901. Their holding cost is 32%. What is the total annual cost for carrying inventory at AMETEK? (in $ million). Note: Round your answer to 1 decimal place
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