Question Completion Status: A Moving to another question will save this response. Question 8 Assuming Trader Bob's annual inventory holding costs are 20% (an item that cost $10 to purchase w inventory turns of 25 per year. (Round the answer to 3 decimal places). A Moving to another question will save this response. 2 points would cost $2 to hold in inventory for one year), what is the inventory cost of an item which sells for $20 and costs Trader Bob S12 to buy? Assume that this item has Question of Question 8 of 9