Question: High Deals is an e - commerce company based in Seattle, Washington. In 2 0 2 0 , the company s revenue was $ 4

High Deals is an e-commerce company based in Seattle, Washington. In 2020, the companys revenue was $4,300,000 and its cost of goods sold was $3,200,000. Assume 52 weeks and 365 days per year. Assume that the annual inventory holding cost for High Deals is 40%.

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