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A company operates 365 days a year. In 2016, the company turned its inventory approximately 25 times. The companys COGS were 60% of its sales
A company operates 365 days a year. In 2016, the company turned its inventory approximately 25 times. The companys COGS were 60% of its sales and its annual sales were about $7,000M that year. What was the companys average inventory in 2016?
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