4. Inventories after change = $48 million/6 = $8 million Present inventories = $48 million/8 = $6...
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4. Inventories after change = $48 million/6 = $8 million Present inventories = $48 million/8 = $6 million Additional inventories $2 million Opportunity cost = $2 million X .15 = $300,000
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