Question: please show work 9.4. A florist carries an average inventory of $12,000 in cut flowers. The flowers require special storage and are highly perishable. The

please show work

9.4. A florist carries an average inventory of $12,000 in cut flowers. The flowers require special storage and are highly perishable. The florist estimates capital costs at 10%, storage costs at 25%, and risk costs at 50%. What is the annual carrying cost

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