Question: *i always give THUMBS UP but please show work (: * Whole Foods sells Patron Tequila, Reposado, $45 a bottle, costs them $30 a bottle.

*i always give THUMBS UP but please show work (: *

Whole Foods sells Patron Tequila, Reposado, $45 a bottle, costs them $30 a bottle. Annual inventory cost at Whole Foods is 24%. Liquor bottles stay on shelves on average for 2 months.

What is the associated estimated inventory cost ?

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