Question
2- Home Depot's annual turns are 4.7, its Cost of Goods Sold (COGS) is $44.7 billion, and its gross margin is 33%. Recall, gross margin
2-
Home Depot's annual turns are 4.7, its Cost of Goods Sold (COGS) is $44.7 billion, and its gross margin is 33%. Recall, gross margin = (Revenue - COGS) / Revenue. What is the average inventory it holds? (Round the answer to 2 decimal places.)
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Operations Management
Authors: William J Stevenson, Mehran Hojati, James Cao
6th Canadian Edition
1259270157, 978-1259270154
