Question: Q 2 . 9 ( Major U . S . Retailers ) The following table shows financial data ( year 2 0 0 4 )
QMajor US Retailers The following table shows financial data year for Costco
Wholesale and WalMart, two major US retailers.
Assume that both companies have an average annual holding cost rate of percent ie it costs
both retailers $ to hold an item that they procured for $ for one entire year
a How many days, on average, does a product stay in Costco's inventory before it is sold.
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