Question
2. Macy's has the following: Sales= $ 15,000,000. Inventory $2,000,000. Accts. receivable = $3,000,000. Accts. Payable $1,000,000. Cost of Goods Sold = 80% of sales
2. Macy's has the following: Sales= $ 15,000,000. Inventory $2,000,000. Accts. receivable = $3,000,000. Accts. Payable $1,000,000. Cost of Goods Sold = 80% of sales and interest on a bank loan is 80% What Is its Cost of Capital
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Principles Of Financial Accounting
Authors: Belverd E Needles, Marian Powers
11th Edition
0538755164, 9780538755160
