Question: PA 1 0 - 1 6 ( Algo ) A computer company's yearly inventory cost... A computer company's yearly inventory cost is 4 8 percent
PA Algo A computer company's yearly inventory cost...
A computer company's yearly inventory cost is percent which accounts for the cost of capital for financing the inventory, warehouse space, and the cost of obsolescence Last year, the company had $ million in inventory and cost of goods sold of $ billion.
What is the company's total inventory cost for the year in million $s
Note: Round your answer to the nearest integer.
Total inventory cost
million
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